It is open ended and as we all know markets cannot deal very well with uncertainty.
Only a few weeks ago, ECB chief Mario Draghi announced his own open ended bond-buying plan, dubbed Outright Monetary Transaction.
FORBES: Fed To Markets: Take Some QE3, There's A Lot More Where That Came From
Details on the game are vague so far, though it promises to be an open ended game, set in outer space.
But leaving things vague and open ended is asking for expensive trouble.
Draghi verbally intervened markets and then unveiled an open ended bond-buying plan to support Spanish and Italian borrowing costs by pushing down yields.
Chairman Ben Bernanke recently unveiled a third program of asset purchases, dubbed QE3, which is for the first time unlimited (i.e. open ended).
FORBES: Double-Dip Recession 20% To 25% Likely If Fiscal Cliff Hits, S&P Warns
The big difference with QE3 was its open ended nature.
FORBES: Bill Gross & Jeff Gundlach Make Bold Calls Based On Monetary Policy
To demand pre-knowledge what conditions would be imposed is outrageous and the by allowing OMT to be an open ended, timeless proposition has allowed Eurozone beggars to be choosers.
In the very beginning, we recommend talking with customers and people who understand your potential target market in a very open ended way to help refine your hypothesis of who your customer is.
FORBES: Getting The Most Out Of 'Getting Out Of The Building'
Three US Opens, one PGA and one Open ended up with Montgomerie in second - and no player in the history of the game has had as many such near-misses without ever winning one.
The European Central Bank unleashed its open-ended bond buying program after Mario Draghi promised to do all he can to save the monetary union, and Fed chief Ben Bernanke announced his version of open-ended bond purchases, dubbed QE3.
FORBES: China's More Than $1 Trillion Stimulus Will Disappoint, Barclays Says
Entitlements need to be converted from open-ended obligations with terrible incentives to fixed-cost, predictable obligations, e.g.
The Fund is an open-ended mutual fund marketed publicly mostly to the Muslim American community.
Senator CARL LEVIN (Democrat, Michigan): To say total victory is a very open-ended commitment.
Mr Davutoglu agrees that decades-old peace talks between Turkish- and Greek-Cypriot leaders should not be open-ended.
There are five types of written open-ended exams aimed to certify different education levels.
"This is a completely open-ended query stream, so you can say anything, " Hafsteinsson says.
Mr Bergen does not see the al-Qaeda movement as presaging an open-ended Huntingtonian clash of civilisations.
Give them an open-ended assignment, like Figgie International, and it is bound to end in tears.
As an open-ended forum, participants may vary according to the thematic focus of the session.
The open-ended obligation to pay higher tax could deter some people from going to university.
The open-ended powers of the independent counsel, some people argue, may need to be restricted.
They are also increasingly putting consultants on short-term rolling contracts rather than open-ended ones.
We began with open-ended questions so subjects would not be influenced by the direction of the team.
FORBES: How to Incubate A Media Business -- Appealing to an Audience
While it is an MMO, with levels and achievements, Glitch is quite open-ended like a virtual world.
FORBES: Glitch Is Flickr Founder's Quirky, Ambitious Non-Violent Game
Still, the Washington Post does make a point in noticing that the bill contains open-ended language.
But the ECJ says the amount is not open-ended and member states can set an upper limit.
Liberalisation commitments are incomplete, with implementation sometimes open-ended, and important sectors, such as agriculture, often largely excluded.
The closure was the first in the 40-year history of open-ended property funds and prompted an outcry.
ECONOMIST: The peculiar flaws of German open-ended property funds
应用推荐