Worries of a Fed pullback sends stocks lower – Los Angeles Times
San Francisco Chronicle |
Worries of a Fed pullback sends stocks lower
Los Angeles Times The Fed has been buying $ 85 billion every month in Treasury and mortgage-backed bonds, which keeps long-term interest rates artificially low and makes stocks seem inexpensive in comparison to bonds. “Investors need to be prepared to see the Fed wind … Fed's readiness to reduce stimulus sinks stocks |
