Helicopter Ben Bernanke is laying the groundwork for QE3 as we speak, and the stock market couldn’t be happier. I talked about the need for QE3 8 months ago and nobody agreed. The slowdown in the US and Europe is not going away anytime soon. The demographics of a rapidly aging population in most of the developed world, on top of the tremendously over indebted populace is a wall for our economy. This is exactly what I forecasted in Facing Goliath: How to Triumph in the Dangerous Market Ahead… In fact, that’s what the “Goliath” is!
Regards -Keith Springer