Well, the FOMC didn’t disappoint the equity markets, though Bernanke certainly disappointed Chuck! The Fed decided to institute another round of bond buying in order to try and boost the housing and labor markets. The markets had counted on the Fed announcing some sort of plan, but Bernanke’s use of unlimited funding was even more [...] Currencies and Precious Metals Rally on QE3 Announcement originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas. ".