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It’s Easy As 1-2-3, ECB, SNB, SOTU and QE

This is a syndicated repost courtesy of Radio Free Wall Street. To view original, click here.

Lee Adler tells what to look for in the market in reaction to the State of the Union, the Swiss National Bank removal of the Euro peg, and the ECB’s expected decision this week to undertake QE.

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Fed Statement: Not Dovish, Not Hawkish—-Just Gibberish

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Call it 529 words of gibberish and be done! All of the FOMC’s platitudes about the economy “expanding at a solid pace”, labor market conditions which have “improved further”, household spending which is “rising moderately” and business fixed investment which is “expanding” are not simply untruthful nonsense; they are a smokescreen for the Fed’s actual intention. Namely, to keep…