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
You may also like
Consider themes that may be insulated from geopolitical-driven volatility like U.S. Infrastructure, Defense Tech, and Uranium. Also consider traditionally less volatile assets like preferreds, covered calls, or emerging market debt less correlated with U.S. election risks
There were signals of some uncertainty about the pace of future rate cuts, which slightly unsettled the markets.
Only one country saw its default risk increase in 2012.
Here are some possible scenarios for gold prices