Diminishing QE Returns

Diminishing QE Returns

With each subsequent “quantitative easing” program that the Fed has embarked upon the stock market has responded with less enthusiasm. Is Bernanke’s “Confidence Game” nearing its inevitable end?

Hat tip, @Ritholtz

 

Jesse has been managing money for over 20 years. He began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Today he works with a select group of clients at Felder & Company, LLC in Bend, Oregon.