FOMC Starts QE2, as Income and Spending Weaken in September, While Jobs, Manufacturing, and Services Rise in October

FOMC Starts QE2, as Income and Spending Weaken in September, While Jobs, Manufacturing, and Services Rise in October Simply, what a week for the world’s largest economy, where fundamentals from all around the economy provided mixed results, although general conditions seem to have improved in October, while the FOMC didn’t disappoint investors after announcing a second round of quantitative