RE: what if there won't be a QE3 There is no need for any QEsss !!! Contrary to main stream media, the world is recovering fine and is only going through a consolidation phase (so called down turn) in a perfectly normal recovery cycle.
Do you know that QEs or just a fancy name to cover the fact that its actually just printing of money that does not exist (creation of new cash out of thin air !!) actually robs you of your wealth ? While it creates a perception of wealth increase (as the market moves up) it actually dilutes your net worth (by adding more cash to circulation thus diluting your cash, causing a fall in currency value and a sharp increase in cost of goods.)
Now you know why the market is currently behaving the way it is doing. Too many inexperienced young punks today hold sway over large amounts of funds and thus are causing the erratic movement of the markets with their knee jerk reactions and non mastery of true economics (with their unnecessary demand for a QE).
This to a large extend can be blamed on the emergence of hedge and private equity funds but generally is because of too much of liquid out there with too few truly experts to manage them. Thus the problem of the market being effected by these young punks who are incompetent at best or criminals at worst.
They are turning the market from an investment based market to practically a casino. Having said all these, at the end of the day, fundamentals will still prevail.
Simon Bond