ET Now: What are you expecting from the FOMC meet? Will it be more like a no-event or they are likely to acknowledge the better data flow and hence hey will start making a base for pulling out the QE3 plug?
Marc Faber: I do not expect any
plan to exit anything at the Federal Reserve. I rather think that they
might plan to extend QE3 for further time because one of the goals was
to essentially reduce the asset purchases when unemployment drops to
6.5%. That may be far away. - in a recent interview with ET Now