“The key question for me is: How many times can the Fed decide to do the same thing and expect a different outcome?  Fool me once, shame on you. Fool me twice, shame on me. Fool me a third time … shame on gullible hedge fund managers!  But maybe, just maybe, this time a majority of investors will understand increased monetary stimulus isn’t helping the real economy. And that will affect how they move money.    That’s because what is going on right now is not stimulus by any means. It is plain and simple: Financial Repression.”

http://www.moneyandmarkets.com/how-many-times-can-the-fed-play-this-hand-50351

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