Fed Easing Has Little Impact So Far: Out Of Bullets?

The Federal Reserve’s latest easing program may be nicknamed “QE Infinity” on Wall Street, but it’s having a very limited effect on the markets and economy so far.

Stocks have been flat to slightly lower since the central bank announced the third round of its quantitative easing program — QE3 — while economists remain pessimistic that it will achieve its stated goal of bringing down the unemployment rate.

Consequently, sentiment is beginning to build that the Fed may be running out of bullets.

“We’ve been range-bound as everyone digests the information,” said Robert Laura, president of Synergos Financial Group in Brighton, Mich. “There’s nothing that’s going to take us any higher. The headwinds out there are too large for QE to overcome.”

Previous easing rounds have helped push up stock and commodity prices, but only after rounds of volatility that Laura expects to occur again this time but without the QE-inspired bounce at the end.

 Read More at CNBC . By Jeff Cox.

Related posts:

1. Does Quantitative Easing Benefit The 99% Or The 1%? Forget Competing Theories … What Do the Facts Say about…
2. How QE3 Will Make The Wealthy Even Wealthier While Causing Living Standards To Fall For The Rest Of Us The mainstream media is hailing QE3 as a great victory…

Get Informed! Read More About this topic::

1. Is The Federal Reserve Quantitative Easing Toward A Monetary Cliff? The Fed: As Ben Bernanke digs in, we start to wonder...
2. Video: New Anti-Obama Ad, “Quantum Of Easing” Spoofs 007 I think we need more humorous ads like this. Related...
3. Mrs. Obama’s 2nd-Term Agenda: ‘Impact Nature Of Food In Grocery Stores’ (CNSNews.com) – Asked by Parade magazine, “What do you hope...
4. How QE3 Will Make The Wealthy Even Wealthier While Causing Living Standards To Fall For The Rest Of Us The mainstream media is hailing QE3 as a great victory...