Street Smart: Here Comes QE2, but Do You Know What It Means? [VIDEO]
Nov 1st 2010 5:00PM
Updated Nov 6th 2010 12:10PM
Drop the term QE2 and many people will think you are talking about the British monarch or a luxury ocean liner. But Gary Shilling, president of A. Gary Shilling & Co., explains that while there may actually be some comparisons to ocean liners, QE2, which is expected to be announced by the Federal Reserve on Wednesday, actually refers to the second stimulus plan that is about to hit our economy.