http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www.elliottwave.com/wave/150831FRUP
The only thing the Fed has to show for its purchase of $1.5 trillion worth of Treasuries (QE) is a high-priced stock market. Now even that may be crumbling. The credibility of the central bank is on the line.

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