08-28-2013, 09:29 AM
Number #2 is important. It certainly seems like Bernanke wants to leave office with QE3 gone and we know that Congress will not take up the slack. The housing market will potentially crumble again depending on how much rates are affected, which could send us spinning back into a recession. If a person is led to believe that his home is losing value again, there goes all of the consumer spending.