September 3, 2010: "no compelling pressure to move to QE2"
October 4, 2010: “A new round of quantitative easing is likely,” McCulley, who is based in Newport Beach, California, said in his report. “The bottom line for the U.S. is a growth trajectory so slow you’d nearly call it stalled.”
Come on now... All it will take is another good jobs report for Paul McCulley to flip again on quantitative easing 2. These guys are supposed to be visionaries, not reactionaries.
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