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Teck results suggest Bernanke now shooting blanks with QE3

The market seems to be losing faith in Ben Bernanke’s ability to engineer a strong recovery.

The share price of Teck Resources Ltd., which reported quarterly results Wednesday, is lagging the prices of the commodities that the company sells. The divergence highlights waning optimism about the U.S. Federal Reserve’s ability to keep global asset prices elevated with its policy of quantitative easing.