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
Stocks are pricey but have a strong tailwind behind them.
From: If this is Socialism, call me Comrade | Global Macro Monitor
Geopolitical risk is rising in the global oil markets
Bill Gross shows that when it comes to investing, smaller accounts can have a real advantage over the larger ones.