10-09-2013, 08:57 PM
These guys and their game of chicken are making things interesting. The end of QE1 and QE2 both resulted in 15% market drops (and great buying opportunities). Now we have Yellen up for Fed Chair - QE may never end, much like Japan - while at the same time the chance of default or prioritized payments will make the Lehman crises look like tiddlywinks. Talk about a conundrum!