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
500 postsYou may also like
Companies focused on cybersecurity are taking action
US companies are in the grip of an earnings recession
Global coffee demand is off the charts in 2016
Tech sector is having an outsized impact on S&P 500