BOOM! Bernanke OUT By August, QE Ends, Rates Up: CRASHSubmitted by emalvini on Thu, 05/23/2013 - 23:26
BOOM!!!!!! Bernanke OUT By August, QE Ends, Rates Up: CRASH
By Paul B. Farrell | MarketWatch
SAN LUIS OBISPO, Calif. (MarketWatch) — The “Dr. Boom” scenario: America is about to “unleash a spending spree. Years of self-denial give way to pent-up demand,” predicts UBS economist Maury Harris in USA Today’s bold lead story.
His clue? Consumer sentiment: “Harris estimates that in the next five years, catch-up consumption will boost annual consumer spending growth by a half point to above 3% from about 2%.”