Bernanke, the Great and Powerful
On Wednesday's edition of Investor Beat, host Chris Hill and Motley Fool analysts Jason Moser and Taylor Muckerman take a hard and fast look at the day's most important business stories of the day for Foolish investors.
Fed Chief Ben Bernanke announced today that the Federal Reserve will start to pare back the quantitative easing bond-buying program next month. As expected, the Fed will lower the asset purchases by $10 billion. Contrary to the expectations of some, however, the markets did not plunge on the news as many investors had feared but rather continued to roar bullishly forward. Was all the panic for nothing? Was there ever any panic in the first place? In the lead segment on today's Investor Beat, our analysts take a look at why the market took this news extremely well and what investors can expect from the Fed next year.
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The article Bernanke, the Great and Powerful originally appeared on Fool.com.Chris Hill, Jason Moser, and Taylor Muckerman have no position in any stocks mentioned, and neither does The Motley Fool. 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.
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