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End of QE could mean liftoff for stocks: Wells Capital
Much debate has been devoted to what will happen to the stock market as the Fed begins to finally start tapering — largely expected this autumn. Investors are understandably anxious to see how the economy and stocks will perform once the big cookie jar is finally taken away, especially heading into 2014. However, Jim Paulsen, chief investment strategist at Wells Capital Management, says we may all be worrying-warting for nothing and the “Great Fed Myth” could get debunked, making 2014 an even better year for stocks. In the Grim-Reaper scenario, as tapering begins and QE fades away, the economy finds uh-oh, it ... (full story)
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