US-expert Willis: “Operation Twist is not effective”

The extended Operation Twist program does not change anything for the individual investor: At the moment the best weapon for Ben Bernanke is to make Obama act.” Willis did not expect the Federal Reserve Bank to step in but sees the decision still critically: The central bank put themselves in the corner by talking about creating jobs. It gave the relief the market was looking for. But now we need to see proof!” Besides Quelle: DAF… [weiterlesen]