Last I checked, the QEs have not lived up to expectations and recovery in the housing markets remains a moving target.

FORBES: The Fed, QEs and the Housing Market Recovery Needs Jobs

"Our first QES survey for 2013 shows that across the board, exports either remained strong or improved, " said chamber director Graham Morgan.

BBC: Money

The whole point of the QEs is for the Fed to expand its interest rate policy influence to the whole yield curve.

FORBES: Why Interest Rates Tell Lies About Inflation, Growth And Just About Everything Else

How should investors trade the battle of QEs?

FORBES: How To Trade The Battle of QEs