QE3? Fiscal Cliff Could Paralyze the Fed

What better backdrop than the Grand Tetons to remind Federal Reserve Board Chairman Ben Bernanke of the looming fiscal cliff as he addresses his colleagues to their annual retreat tomorrow in Jackson Hole, Wyoming.  All will be waiting for his next move in the face of a sluggish economy, an election that could change the course of the country, and global events that could derail the fragile recovery.