More on Market Volatility
Despite the fact that the U.S. economy appears to be on solid ground, the equity markets appear confused and uncertain, and have exhibited volatility, including huge intraday point swings. In what follows, I will examine the sources of the uncertainty and try to shed light on whether or not to worry. 1. Global Economic […]
Should investors worry QE3 has ended?
Originally published on RGJ.com’s website http://www.rgj.com/story/money/business/2014/11/16/robert-barone-investors-worry-qe-ended/19080941/ As October ended, the Fed announced an end to its controversial money printing policy, known as QE3 (the third round of quantitative easing). In QE3, the Fed purchased large quantities of U.S government securities. When the Fed purchases bonds, it creates new money in the form of bank reserves. […]