It’s Not The Economy, It’s Inflation & The Fed Stupid

http://www.zerohedge.com/news/2013-02-11/its-not-economy-its-inflation-fed-stupid20130211_INFL2I

So, it’s not at all about the fundamentals; it’s about the central banks and inflation – and in the short-term, they are losing some willpower – as the ECB is loathed to expand its balance sheet (which is the current drag) and implicitly weaken its currency.

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