Today is the day. The Brexit vote is here. And we hear the strident voices shouting that 'the sky is falling'. Again. And they'll also tell you: Brexit, here's how to protect yourself from a market meltdown. We've seen this movie before. And later today and tomorrow, whichever way the Brexit vote turns out, we'll see tons of ink spilled and hear lots of talking heads slice and dice what it all ... Read More
PBP
End of QE Part 2: Weathering the Storm
Like any great voyage, eventually it comes to an end and you have to move on to what's next. Quantitative easing also known as QE2 is Fed-speak for the Central Bank's program of injecting liquidity into the economy by buying up mortgage bonds to the tune of $85 billion each month. This has done wonders at keeping interest rates down and stock prices up. But what happens when it ends? How are ... Read More
