QE3 is official. The Federal Reserve unveiled its next round of monetary easing this past week, and Chairman Ben Bernanke and company are taking an aggressive approach, including monthly purchases of mortgage-backed securities, an extension of the Fed's low interest-rate policy to 2015, and a promise of continuing action until the employment situation in the U.S. improves significantly. The stock market has already rallied sharply since the Fed's latest move, sending the S&P 500 not just to new multiyear highs, but also within proximity of all-time highs.
But what companies stand to benefit the most from QE3? What stocks could be headed even higher as QE3 takes hold? Check out today's video from Matt and Paul for some possible answers.
With or without the help of QE3 and the Fed, we all would like to build long-term wealth and retire well. In our free report 3 Stocks That Will Help You Retire Rich we reveal some stocks that could help you as well as some winning wealth-building strategies. Click here to keep reading.
The article QE3 Is On. Here's Your Next Move originally appeared on Fool.com.Matthew Argersinger and Paul Chi have no positions in the stocks mentioned above. The Motley Fool owns shares of Coach, Tiffany, Tesla Motors , and Whole Foods Market. Motley Fool newsletter services recommend Coach, Tesla Motors, and Whole Foods Market. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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