DislikedJust based upon that article you need to downgrade inevitable to probable or possible.
I would also say that the fed has an ongoing policy of stealth QE... sort of an ongoing guerrilla warfare against USD strength. However, things are going to have to get really bad before they have justification for an official round three.
IMO key triggers for QE3 would be a massive fall of the equity markets, a massive rise of the USD and a massive rise in unemployment. Currently we have rising equity markets, falling unemployment and a mildly bullish...Ignored
I just think it is a bit unreasonable to argue it is "unlikely".
Don't take that personally - just my perspective on the issue.