Bernanke & Co. are increasingly aware of the big impact that rising “animal spirits” (in Keynes’s words) can have on stocks and, in turn, the broader economy. Creating a self-fulfilling positive prophecy is the goal. Will it work?
Continue reading The Fed’s QE2: Boosting Stocks — and ‘Animal Spirits’
The Fed’s QE2: Boosting Stocks — and ‘Animal Spirits’ originally appeared on DailyFinance on Fri, 05 Nov 2010 06:30:00.
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