Fattened by the Federal Reserve, the markets want more
Breakfast with Benjamin: Fresh talk of extending QE is a sign that the markets just want more. Plus, gold shines bright among the carnage, learning to love leverage, and more.
- The markets are looking to the Fed for help, any help at all. Is it possible the end of quantitative easing could be later, rather than sooner? Seeking a lifeline in a single phrase or reference
- Hawkish Fed member gives the nod to extending quantitative easing beyond October to appease and calm the financial markets. Seems like somebody should have realized a long time ago that a big, fat market fed by the Fed will always want more, not less. Putting a taper delay on the table
- Gold is back as the safe choice. If it seems obvious, that’s because it is. GLD has erased losses for the year
- Investing on leverage might be less risky than other forms of borrowing you are probably already doing. If you own a car or a house you’re already doing it
Learn more about reprints and licensing for this article.