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Jim Bullard Does It Again - Stocks Spike On Hint Of Future QE

It's deja vu all over again. Having saved the world (stocks) in October 2014, The Fed's Jim Bullard - clearly worried by the 2% drop in stocks - has stepped back in today... Hinting at the never-ending market put, Bullard noted in a Q&A session after his speech that... *BULLARD: FED SHOULD RETAIN OPTION TO DO QE IN FUTURE IF NEEDED And that was all the machines needed... Efficient markets much? Of course, the only problem Bullard has is that The Fed needs to "shrink"

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