Part 3 of 6: Quantitative Easing History, Fed Writings, Objectives of QE & QE 2
This QE 2 video gives insight into the Federal Reserve’s perspective of the need to print money in order to stimulate the economy, financial markets, and investing. Writings and comments from Brian Sack and Ben Bernanke of the Fed are reviewed and analyzed as they relate to inflation, deflation, interest rates, household wealth, mortgage rates, asset prices, investing, money printing, silver, and gold. Bernanke’s “helicopter speech” and “printing press” comments are reviewed in the context of quantitative easing and precious metals, the dollar, gold, global currencies, and the stock market. FAQs on QE from the New York Fed (NY Fed) are reviewed relative to their possible impact on long-term borrowing costs, the economy, dividend stocks, consumption, investment, spending, the money supply, purchasing power, and the U.S. dollar.
Below is part 3 of the 6 part series, this link will take you to QE Video Part 4.
Terms of Use. This video/article/blog contains the current opinions of the author but not necessarily those of CCM. The author’s opinions are subject to change without notice. This article is distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. The charts and comments are only the author’s view of market activity and aren’t recommendations to buy or sell any security. Market sectors and related ETFs are selected based on his opinion as to their importance in providing the viewer a comprehensive summary of market conditions for the featured period. Chart annotations aren’t predictive of any future market action rather they only demonstrate the author’s opinion as to a range of possibilities going forward. All material presented herein is believed to be reliable but we cannot attest to its accuracy. The information contained herein (including historical prices or values) has been obtained from sources that Ciovacco Capital Management (CCM) considers to be reliable; however, CCM makes no representation as to, or accepts any responsibility or liability for, the accuracy or completeness of the information contained herein or any decision made or action taken by you or any third party in reliance upon the data. Some results are derived using historical estimations from available data. Investment recommendations may change and readers are urged to check with tax advisors before making any investment decisions. Opinions expressed in these reports may change without prior notice. This memorandum is based on information available to the public. No representation is made that it is accurate or complete. This memorandum is not an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned. The investments discussed in this report may be unsuitable for investors depending on their specific investment objectives and financial position. Past performance is not necessarily a guide to future performance. The price or value of the investments to which this report relates, either directly or indirectly, may fall or rise against the interest of investors. All prices and yields contained in this report are subject to change without notice. This information is based on hypothetical assumptions and is intended for illustrative purposes only. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS.
