Inspiration or Insanity? Fed action and Market Reaction
aswathdamodaran.substack.com
The big news of last week was the Federal Reserve's announcement of QE3, i.e., that it would buy $40 billion worth of bonds each month until the economy was back on its feet again. The fact that the commitment was open ended (unlike QE2 and Operation Twist
Inspiration or Insanity? Fed action and Market Reaction
Inspiration or Insanity? Fed action and…
Inspiration or Insanity? Fed action and Market Reaction
The big news of last week was the Federal Reserve's announcement of QE3, i.e., that it would buy $40 billion worth of bonds each month until the economy was back on its feet again. The fact that the commitment was open ended (unlike QE2 and Operation Twist