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MAR 06, 2013 - Zero Hedge

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One Hundred And Eighteen Million Dollars An Hour

Submitted by Mark J. Grant, author of Out of the Box $118 Million Dollars An Hour That is how much money the Federal Reserve Bank of the United States is creating as you wake, work or sleep. That is $85 billion a month and the stuff must go somewhere. It pours out like sugar upon the markets, each market, every market and it is no wonder that the American stock markets are hitting new highs. The spice must flow. In the bond markets it is low interest rates and compression, a vice closing in progress, as each sector of the Fixed Income markets grinds closer and closer to Treasuries. It is ... Read More

Tags: One Hundred And Eighteen Million Dollars An Hour,  Morgan Stanley Latest News