Market Eyes 'fix' as Fed Plans QE End
Market eyes 'fix' as Fed plans QE end
Filed under: Withdrawal Symptoms Crack Cocaine
Or crack addict. Or stock trader who has developed a dependency on Wall Street's performance-enhancing drug of choice: “quantitative easing,” or QE — the steroid-like elixir known as “cheap” money. QE is akin to a drug, no different than cocaine … Read more on Greenville News
What if Wall Street doesn't like what Fed says?
Filed under: Withdrawal Symptoms Crack Cocaine
The Fed's bond-buying and zero-interest-rate policy, they say, is akin to a performance-enhancing, steroid-like drug with the addictive quality of crack cocaine. Investors, critics say, have become addicted and dependent on the rock-bottom interest … Read more on USA TODAY