6 ms·

If he wanted to do that he would have done it in June or July, not now.

• anamax 14y ago
  > If he wanted to do that he would have done it in June or July, not now. Not necessarily. If he'd done it in June/July, we could look at the results, which might not be good. Doing it now, Obama can continue to argue "things are going to get better real soon now".
  • pdog 14y ago
    Stock market indexes are generally forward-looking. We'll see QE3 "priced into" the market before we see its effects.
    • anamax 14y ago
      > Stock market indexes are generally forward-looking. We'll see QE3 "priced into" the market before we see its effects. QE3 is pretty much already priced into the market. However, the stock market won't help Obama. He needs employment. The median income has gone down more during the "recovery" than it did during the recession. The only reason why unemployment is stable/creeping down is that folks are dropping out of the workforce; workforce participation is dropping. Heck - compare the number of folks going on disability to the number finding work.