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
Interactive Advisors brings an online investment management marketplace to investors so you can access over dozens of portfolio managers, investing strategies, and advice.
506 posts You may also like
Reading the trend lines of America’s monster bond market
There’s little slack in industrial capacity and wages are rising
As I’ve discussed quite a bit recently, the recent sell-off in the U.S. Treasury arena seems to underscore the point that the money and bond markets have finally ‘come to the Fed’ and accepted this higher-for-longer theme.
“I make 5-6 mil annually”