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Wednesday, September 26, 2012

Monetary

News                                                                                                                             
Market Watch | The emerging headache of QE3: Andy Xie
The Fed has promised to purchase $40 billion worth of mortgage-backed securities (MBS) per month until it is satisfied with the economy. By all accounts an unemployment rate above 7% is not satisfactory to the Fed.
Market Watch | 8 early warning signs inflation is percolating
They don’t ring a bell at the top of a bull market nor at the bottom of a bear market. But when it comes to inflation there are some early warning signs that investors can monitor, according to a new report.

Econ Comments & Analysis                                                                                            
Investors | Fed Casts Vote Against Housing Reform With QE3
The Treasury Department outlined three paths for reforming housing finance early last year, including one that would dramatically shrink the government's role.
Washington Times | What Fed policy says about Obama economy
Has Federal Reserve Chairman Ben S. Bernanke gone all political on us? Very unlikely, though it may look that way. But he does seem deeply worried about the sliding U.S. economy under President Obama’s policies.

Blogs                                                                                                                             
WSJ | Tinker, Tailor, Soldier, Central Banker
The double think, deception and distortion of the cold-war era looks like it’s being reproduced today. Except, unlike then, when it was state trying to manipulate state, now it’s central banks manipulating individuals and markets.