The Fed Speaks Out
The following video is from Thursday's installment of The Motley Fool's Financials show, in which analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
Despite Ben Bernanke coming out and stating that the unemployment rates were still too high, and that the current quantitative easing program would continue unaltered for the time being, the market is down for the second day in a row on fears that a looming gradual drawdown of QE is on the horizon for the near future. Should investors be worried? In the video, Matt tells us why the market is being myopic, and why this is just short-term noise.
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The relevant video segment can be found between 2:48 and 4:06.
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