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Thursday, January 31, 2013

Monetary

News                                                                                                                             
Bloomberg | Bernanke Dissatisfied With Growth Will Press on With QE Pace
Federal Reserve Chairman Ben S. Bernanke signaled he isn’t close to easing up on $85 billion in monthly bond purchases to spur a stalled economy and bring down 7.8 percent unemployment.

Econ Comments & Analysis                                                                                            
Businessweek | The Fed's Threat to the Stock Rally
By the time you read this, it may already have happened: The Standard & Poor’s 500-stock index may have passed 1,565, the October 2007 peak the market has been climbing toward since the financial crisis bottomed out in March 2009.