Steve Sosnick, Interactive Brokers’ chief strategist, discusses the reliance on fiscal stimulus impacting the market.
The stock market’s dependence on an ultra-loose monetary policy by the US Federal Reserve is well-known.
Is the market also hooked on a steady flow of government support?
In other words, is fiscal stimulus another put?
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Photo Credit: 401(K) 2012 via Flickr Creative Commons
China is now home to the world’s third largest bond market
Best to keep cautious and look for buying opportunities in coming months
With upcoming economic data likely skewed by hurricane disruptions, the current figures may represent the last clear snapshot of underlying trends before the bond market faces additional uncertainty.
In a nationally-syndicated radio show, Paul Franke of the Relative Value investment model in his own words described why he’s a money manager on Covestor.
