todd colvin of mf global says the federal reserve is likely to hold onto all of the mortgage backed securities it is now buying... he says if the fed were to unload them onto the market, it could cause a crisis. even though some signs may be pointing to the end of this recession we didn't hear that out of the federal reserve this week. in its statement on wednesday, the fed made no explicit mention of this recession coming to an end... and it didn't even say that we may be seeing signs of a recovery. "....economic activity has picked up following its severe downturn. conditions in financial markets have improved further, and activity in the housing sector has increased." but the fed did say quote: "economic activity has picked up following its severe downturn. conditions in financial markets have improved.. and activity in the housing sector has increased." however.... the fed also said economic activity is likely to remain weak for some time.. because of ongoing job losses.. and tight credit.. businesses are also still cutting back on investment and staffing.. although at a slower pace. so it