QE Winds Down
QE Winds Down
Investors Breathe a Sigh of Relief

The US economy may soon be able to take off the training wheels. When investors celebrated rather than mourned the Fed’s first, tentative step to cut its Quantitative Easing program, it was a sign that investors think growing strength can offset the impact of reduced Federal Reserve bond purchases. This is not only a good sign for the US, but a good sign for the world.

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