Did Wall Street Overreact to the Fed?
Oct 30th 2013 7:12PM
Updated Oct 30th 2013 7:14PM
The following video is from Wednesday's Investor Beat, in which host Chris Hill and Motley Fool analysts Bryan White and Matthew Argersinger take a sharp look at some of the biggest investing stories of the day.
At 2 this afternoon, the Federal Reserve announced that economic conditions were still too weak and that it would be continuing its quantitative easing program, buying $85 billion in bonds each month. Previous announcements this year that QE would be continuing saw the market rise, but today's announcement resulted in a market pullback on the news. In the lead story on today's Investor Beat, Matt and Bryan discuss why the market might not have liked the news this time and when they would like to see quantitative easing come to an end.
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The article Did Wall Street Overreact to the Fed? originally appeared on Fool.com.Fool contributor Bryan White, Chris Hill, and Matthew Argersinger have no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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