BOOM: FLAHERTY SAYS U.S. QE POLICY MAY BE TOPIC AT NEXT G-20 MEETING!!! Canada Is Not A Friend Of QE, May Throw Bernanke Under Bus At Next G-20!

Canada Is Not A Friend Of QE, May Throw Bernanke Under Bus At Next G-20
It seems the world is growing increasingly uncomfortable (or downright angry) with the unintended (or intended) consequences of the Federal Reserve’s actions (and not just EM nations…):

• FLAHERTY SAYS CANADA IS NOT A FAN OF QUANTITATIVE EASING
• FLAHERTY SAYS U.S. QE POLICY MAY BE TOPIC AT NEXT G-20 MEETING

http://www.zerohedge.com/news/2013-08-21/canada-not-friend-qe-may-throw-bernanke-under-bus-next-g-20
It’s crazy how many Americans have no clue what rising interest rates are doing to their investments 
According to a new study by Edward Jones, one of the country’s biggest retail brokerages, 63% of Americans don’t know how rising interest rates will affect their retirement portfolios – their 401(k)s, IRAs, et al. – and 24% say they feel completely in the dark about what rising interest rates mean.
Bond yields have soared on the back of a big sell-off in the U.S. Treasury market this summer as markets price in a return to normalization following years of low rates and excess liquidity in the wake of the financial crisis.
And as Treasuries have declined in value, many bond investors have been caught off guard by something they aren’t used to seeing: negative returns in their monthly statements.
Meanwhile, Wall Street is telling clients to brace themselves for more.
“The secular 30-yr bull market in bonds likely ended 4/29/2013,” tweeted Bill Gross, who runs PIMCO, the world’s biggest bond manager. “PIMCO can help you navigate a likely lower return 2 – 3% future.”
Read more: http://www.businessinsider.com/americans-confused-about-rising-rates-2013-8#ixzz2ccwkx55j