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A Cynic Might Say The Fed Has Told Certain Well Connected Trading Firms That More QE Is On The Way

Technical indicators continue to tilt toward confirming that a 6 month cycle low is behind us. A cynic might believe that certain big money players with a big time former executive at the helm of the NY Fed might have an inside track on what the Fed’s decision will be on Wednesday, and that that decision will include some level of new QE. Of course, that wouldn’t be playing by the rules, and we know that markets are fair and square [insert sarcasm icon].

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