Bernanke, the Great and Powerful
The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Taylor Muckerman and Matt Argersinger dissect the hardest-hitting investing stories of the day.
The Dow, Nasdaq, and S&P500 spent most of the day down, anticipating the news that the Fed would begin tapering down its quantitative easing program. When news came from Ben Bernanke, however, that QE would be continuing full throttle for the near term, the major indexes all shot up to new highs for the year. In this video, Taylor and Matt talk about what this says for the U.S. economy and whether or not investors should consider pulling some money out of the market at these new highs.
3 strong buys for a global economic recovery
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The article Bernanke, the Great and Powerful originally appeared on Fool.com.Chris Hill, Matthew Argersinger, Taylor Muckerman, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.