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Here is a brief excerpt from our latest weekly letter, "America Selling Out":
“I know QE3 will do more harm than good in the long term. I know it may not be as effective as QE1 or QE2. I know the effects of QE3 on financial conditions may be at least partially offset by the Treasury's debt management policies. But for now, both the market and overall consumer confidence, need to be addressed for the short term.
Bernanke knows it. That is why he announced that a second day has been added to the next Federal Open Market Committee meeting in September to "allow a fuller discussion" of the economy and the Fed's possible response. Something will happen on those days. But again, we just don't know what.
Over my recent letters, I talked about focusing on what we do know, rather than what we don't. So I gathered up some facts that'll give you a broader picture of what's happening in the U.S. -- word of caution, it's not pretty..."
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All material herein was prepared by Equedia Network Corporation (“Equedia”) based upon information believed to be reliable. The information is not guaranteed by Equedia to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Equedia is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker or investment professional before purchasing or selling any securities mentioned herein.
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