The end of QE was bound to be messy

May 30th, 2013|by Michael Ashley Schulman, Perspectives, The Big Picture|

The end of quantitative easing (QE) was bound to be messy for financial markets, even if there was abundant evidence of strong growth and rising inflation; but the Fed’s newfound hawkishness comes at a time when inflation remains low and the economic data could still disappoint. If that occurs, market volatility will be even more […]