Dallas Fed: Markets Hooked on "Monetary Morphine"

Dallas Fed President Richard Fisher said the markets are hooked on "monetary morphine" and he sees no reason for further easing.

AP Dallas Fed President Richard Fisher said the markets are hooked on "monetary morphine" and he sees no reason for further easing.

Fed officials have said they would consider another round of quantitative easing or QE3 if the economy needs it.

"Personally, I see no need to do another additional dose unless the patient goes into post-operative decline," said Fisher, speaking at the CERAWeek energy conferenceMonday evening.

Read more here:

http://www.cnbc.com/id/46635571

On a side note, we haven't had stock indicator updates in a while because our models remain in their modes as of the last update.