One of EWI's more interesting articles. The actual transmission of QE is one of the more complex and controversial subjects.Some even say its mainly psychological !
http://www.elliottwave.com/affiliates_pr/archives/2014/04/10/Video-The-Fed-Hasnt-Stopped-a-Credit-Bubble-It-Helped-Start-One-aa.aspx
http://www.elliottwave.com/affiliates_pr/archives/2014/04/10/Video-The-Fed-Hasnt-Stopped-a-Credit-Bubble-It-Helped-Start-One-aa.aspx
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