[quote=The-Shoveler]Watching this unfold is like watching that dumb and dumber movie.
I doubt it will have much effect for our markets at this point, Ben and his buddies in Japan have their targets for the markets and I think they really do have the ability to hit them.
They cannot afford not to.
I think that is key IMO.[/quote]
Japan has been trying to push their market higher for 20 years. Ben Bernanke didn’t stop the market from dropping more than 50% in 2008. The people that are pushing the market higher are those that now naively believe in a power that Bernanke doesn’t really have. They’ll eventually get slaughtered in the popping of the bubble like they always do. Might need to go a lot higher first, I can’t tell you when it will happen, just that it will. The only sure thing from the fed is that they can always create a bubble somewhere and they never see it until after the fact.