Onwards & Upwards: Goldilocks Rides a Sea of Liquidity; Watch Out for Surging Oil Prices
Overview
Although another round of quantitative easing now looks less imminent given the recent economic strength, investors still expect Federal Reserve Chairman Ben Bernanke to come to their rescue with QE3 should economic growth falter. However, the flexibility for QE3 becomes more limited if crude oil and gasoline prices continue to escalate into the summer.