The Dead-Head Fed And "The Only Road to Riches"
By Chris Mayer
PostedAugust 29, 2013
In May, the Fed’s tapering announcement created a giant fault line that shifted many markets. Housing and emerging markets (currency-related) have been hit the hardest, the quickest. Plus, it’s hard to come away from all of this without thinking that the stock market is where it is largely because of the Fed’s actions. The only thing we can do is manage our risks.