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
488 postsYou may also like
Signs that markets are becoming less macro-driven as correlations fall.
Paddy Hirsch goes to his whiteboard once again.
Behavioral finance can help you learn your weaknesses as an investor and sidestep major errors.
Market volatility has dropped big time. Unfortunately, that’s a bad sign for future stock gains.