Bernanke's Challenge: Prime Markets for the End of QE reports on the difficult task of informing investors and the market of the transition out of QE. Doing it poorly could significantly disrupt the stock markets. Doing it well could still disrupt the market. It may be a no win situation for Mr. Bernanke and the Fed.
In addition, Mr. Bernanke is expected to step down at the end of his term in January 2014, meaning that his successor will be responsible for the QE wind down. Based on my recollection, the markets have been more volatile and negative during the transitions of Fed chairs. I don't expect this transition to be any different from previous ones.
2013 may be the final year for the current bull market.
For more on New Beginnings, check back every Sunday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2013 Achievement Catalyst, LLC
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