4/29/14 Chart of the Week: The Gamble of Quantitative Easing


With the Fed meeting later this week and the prospect of continued tapering of asset purchases, it is a good time to revisit the theory behind Quantitative Easing. In this extended discussion, we look at the impact of QE, the hope of what it will induce, and how we are planning for the uncertainty. We refer back to our 2013 Q3 Commentary and the capital markets line in the proverbial quest of answering the question of "what do we want to own?"