The Fed Will Come To The Rescue But Deliberately Late! April 27, 2012

The global economic recovery is obviously in trouble again. The Fed came to the rescue with more stimulus when it stumbled in each of the last two years, and says it will again if necessary. However, it did not come to the rescue in 2010 and 2011 until the last minute when the stock market was down double-digits and threatening a bear market, and is unlikely to again this year.

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