(Allthingsmadenew post in OOMF)
Just heard this on Fox Business LIVE at 9:37 am PST. Cheryl Cassoni interviewing Sal Cantrini, a Cantor Fitzgerald Equity strategist.
Sal: "The latest rumor making the rounds of speculation out there from very credible people, I might add, is that there could be a huge intervention this weekend with all the central banks around the world; the ECB, the FED, the DOJ all coming into a major intervention, maybe an additional QE as soon as this weekend going into G7."
Cheryl: "A global intervention or a European intervention?"
Sal:"A global intervention; that's the latest speculation that's going around the street."
Global monetary stimulus (Guest comment)
Sal: "It's speculation but QE has been part of that speculation"
Cheryl : "We have some good journalist here, we'll check it out."
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