Michael Pento: Today The Fed Unofficially Announced QE4
Today Michael Pento stunned King World when he said, “... the Fed doubled down on QE3 this morning and unofficially announced QE4.”
“They (mainstream media) are crediting this huge rally that we’ve seen today in energy, commodities, and even in the nominal averages, because of a strong ISM Manufacturing Index that came out. It has nothing to do with the fundamental weakness or strength in the global economy.
It has everything to do with the fact that the Fed doubled down on QE3 this morning and unofficially announced QE4....
KWN Exclusive - Today The Fed Unofficially Announced QE4
2 October 2012, by Eric king (King World News)
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10...
Michael Pento on KWN, 2 October 2012 - AUDIO http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/10/2_...
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