The Fed’s announcement last week of a third dose of Quantitative Easing has sent the market to new post-crisis highs. We’ve discussed why QE3 will have a strong impact, and the particular effect on retirees. Now, from Marketplace’s Paddy Hirsch, whiteboard master, here’s a helpful explanatory video on what QE hopes to achieve and the potential downside:
AUTHOR
Interactive Advisors
485 postsYou may also like
Follow the money in this hot market to spot developing trends.
Attacks and incidents have not stopped
Why these much-studied investors are still misunderstood
Volatility helps you time big and meaningful changes in market direction. And as it relates to the markets as they stand right now, it may be better to wait.