After the Fed’s surprise decision on Wednesday not to taper its $85 billion a month in stimulus, global markets took off on Wednesday and Thursday, ending the week at five-year highs. Yet, continued gains based almost solely on the actions of the Federal Reserve have some analysts preaching caution. According to Uwe Zoellner, head of European equities for Franklin Templeton, “This should not be and must not be [the] base for stock price moment… The market at some point later in the year might get ahead of itself…” So where does that leave independent investors — waiting for the October Fed meeting, it appears.
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.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: