By Seeking Delta of http://seekingdelta.wordpress.com

Federal Reserve
Ben Bernanke

A very nice interactive tool today from Reuters that shows asset returns based on different QE2 related time periods. Link.

Notice how most assets rallied from the Jackson Hole speech until the official QE2 announcement and the USD declined. Since the actual announcement risk assets have sold off and the USD has rallied. Interesting that the anticipation QE resulted in assets moving as the Fed intended, higher equity prices and lower bond yields, but since implementation prices are moving in the opposite direction. The question is, will this continue?

asset returns since quantitative easing round two

asset returns since qe2