The Tweet Of The Day For QE3

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PIMCO's Bill Gross just tweeted the big news of the day. Gross said that the next Jackson Hole meeting, which is scheduled for August, will likely hint at a third round of quantitative easing, as well as interest rate caps. Yesterday, I discussed a possibility of a third round of quantitative easing yesterday and how it would play out. Looks like I was right, just the dates were wrong.
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