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First the Bomb Blast, Then The Fallout

By Implode-Explode Heavy Industries

"The Fed is about to embark on a pumping campaign that will quadruple its recent rate of Treasury purchases. If the Fed was able to achieve rapidly rising stock prices, super low bond yields, and soaring commodity prices with just a quarter of the amounts they are about to create, just think of what four times that will achieve. Whoopee. Buckle your seat belts and hold on to your hats! And get ready for the inevitable radioactive fallout from the explosion."

Full post as published by Mortgage Lender Implode-o-Meter on November 08, 2010 (boomark / email).