IIFT Daily Note with Peter Brown

Archive for October 2nd, 2012


Doubts over QE3 end the rally

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It looked almost certain that the market was going to break out to the topside. S&P hit 1452 Gold 1790 and the Euro 1.2940.

The market was really strong untill Bernanke spoke and the market amazingly reversed. This hardly happens , normally the Fed chairman can rally the market. Scepticism Continue Reading →