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.
493 posts You may also like
BMO’s chief investment strategist Brian Belski sees possible near-term pain, but more long-term gains for U.S. stocks.
Global markets readjust to reflect the anticipated realities of policies under the new administration.
Why corporate pricing power may be waning
Macro Factors are dominating stock risks