CHART OF THE DAY: Why Everyone's Freaking Out About The End Of QEII

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Simple. It’s almost over.

This chart from John Hussman shows how much of the Fed’s $600 billion QE2 has been completed.

The answer: Almost all of it. We’ve crossed the $500 billion mark. At this point, the only question is how fast the Fed uses up the dry power it still has.

Click here to see how big of an impact QE has had on the market >

chart of the day, ny fed cumulative total of par value accepted, april 2011

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