Hello there:
It really makes people wonder if it is a good time for QE3. I guess it is not!! The first reason is , for the stock market, the second quarter is usually the worst quarter of the year. The case is much worse as the first quarter of 2012 is the best quarter from 2011. The second reason is the commodity price, except the food, is still falling. It seems that it is in the middle term of free-falling. We should wait as everyone has accumulated enough U.S. dollars. The third reason is we see most currencies around the world is weaker compared to the greenback. It is a good news which shows that most sophisticated investors treat the greenback and U.S. government bonds as the safe haven and the almost riskless asset in the world. It just shows how people around the world are confident that the U.S. will be back!! We should wait those forces get together and wait for the final moment to break the natural barrier of 8 percent unemployment rate of U.S. I guess that is the time for QE3!!
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