The economy will not benefit from QE3. The best thing the FED can do for now is sit on the sideline and wait for the actions it has taken in the past to have their full effect. Sometimes the best action is no action.
The Gazelle Index expects to see significant hiring in 2012, growth projected at 3% and unemployment at 7.8%. Corporations are starting to invest, consumers are spending more, housing starts are improving.
