General Comments For the second time in two days, markets were disappointed by the lack of specific actions by central banks to combat spreading economic slowdown. Yesterday it was the U.S., after painting a poor picture of the U.S. economy, that did nothing to try to stimulate it. Basically, the Fed repeated that it was prepared to act if action was needed, which is the same message Chairman Bernanke has been sending for the past few weeks. Markets take this as a commitment to do something in September -- perhaps a QE-3 -- if the U.S. economy does not show signs of improvement soon. Nevertheless, there was still disappointment that there was no announcement.After today's meeting following the commitment to do whatever it might take to p...