ROUBINI: Bernanke Just Launched QE5

Nouriel Roubini is keeping the QE score.

Fed decision today is QE5 as Op Twist was QE3 (sterilized QE=unsterilized at 0% rates) & open-ended QE in Q3 was QE4. So today is QE5!

— Nouriel Roubini (@Nouriel) December 12, 2012

Press Conference - Bernanke Announces QE5 - Includes Q&A

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Bernanke plays the saxophone as a teenager in South Carolina...

Comments

[DailyBail]

UK downgraded by S&P

http://www.bloomberg.com/news/2012-12-13/osborne-says-credit-rating-is-one-test-as-s-p-cuts-outlook.html

[DailyBail]

Apple Caves to Maps Outrage Adding Google Tool on IPhone

http://www.bloomberg.com/news/2012-12-13/google-unveils-mapping-application-for-apple-iphone-ipad-users.html

[DailyBail]

Apple Infringes Three Patents With the IPhone, Jury Says

http://www.bloomberg.com/news/2012-12-13/apple-infringes-three-patents-with-the-iphone-jury-says.html

[DailyBail]

Oil at $60 or $120 Doesn’t Prevent U.S. Supplanting Saudis

http://www.bloomberg.com/news/2012-12-12/oil-at-60-or-120-doesn-t-prevent-u-s-supplanting-saudi-arabia.html

[SKINFLINT]

I have absolutely no idea why on earth anyone should give a rats ass in regards to what the credit ratings agencies actually have to say. They are complicit in the largest robbery of all time. They have no credability at all period and should just shut their doors and never be heard from again.

[DailyBail]

I agree completely regarding the credibility issue for Wall Street, but it's nice to have someone keeping track of the sovereign debt implosion.