Author: John Pugliano
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Don’t fight the Fed…until just before the collapse
Today the Federal Reserve announced that they would continue QE3, injecting up to $85 billion into the economy each month. This should not come as a surprise to anyone. Chairman Bernanke plainly stated July 10, 2013 “Highly accommodative monetary policy for the foreseeable future is what’s needed.” Still, the markets were rattled this summer over…