The Quantitative Easing Is(n't) Working
It's been more than a month since the Federal Reserve released details of its latest quantitative easing. That isn't enough time for statistics and surveys to show how the plan is working, but there are indicators showing how markets have responded.
I used a basket of ETFs for a snapshot of whether or not the Fed is making any progress on making stuff more expensive and poking the economy with QE2.
The scorecard concludes there's been some success at making stuff more expensive, but rising interest rates aren't likely to help the economy.
Feel free to add you opinion with a comment here or at the article.
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