So, the Fed's exit strategyPosted By Clifton Loo |
Paul Kammueller said:
So I remember some weeks back the subject of the Fed's exit strategy came up and it sounded like they were planning to start unwinding some of their liquidity injections, starting Octoberish.
In other words, now that the party's really rolling again on Wall Street, the Fed is going to very quietly start watering down the punch bowl.
Will be interesting to see how it all goes, and the effects on stocks, interest rates, the whole works.
That punch bowl reference is a good one. For those who don't know, one of the Fed Chairmans said the job of the Fed is to take the punch bowl away when the party gets going....
