MINYANVILLE ORIGINAL One should expect that the expected can be prevented but the unexpected should have been expected. --Norman Ralph Augustine   Over the last several months it feels like we've entered Bizarro World.  The Fed “shocked the world” by announcing QE-infinity and yet market internals since mid-September up until very recently acted in a very deflationary way.  Since the end  of September I have been highlighting this deterioration addressing the idea that the market seems to think that unlimited is not enough when it comes to the Fed.  Whereas QE1 and QE2 were greeted as inflationary open-ended QE3 ...