The Fed once again should confirm what most investors already know by now, that its $85 billion-a-month bond-buying spree will continue unabated. Best-guess estimates by those paid to form such opinions suggest that the 16-day government shutdown compounded tepid economic news. And, this combination means there won’t be a tapering of the stimulus plan until March of 2014. Even then, those same learned opinion makers suggest that the Federal Reserve will maintain low, to non-existent interest rates into 2015. With that in mind, the broader investing environment should sustain its Q4 momentum.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: