By: Brad Briggs of Street Authority
It finally ended...
The Federal Reserve recently announced that it would end its third (and possibly final) round of quantitative easing (QE).
This brings to close the $1.7 trillion that was pumped into the economy in this round alone. October marked the last month of the $15 billion in monthly bond purchases -- down from $85 billion when QE3 started in 2012 -- and ends the nearly six-year bond purchasing program.
You can see what the program has done to the balance sheet of the Federal Reserve:
The central bank's bond purchasing program has sent the stock market soaring... and hopefully you've been able to capitalize on this tremendous bull market. [Read more...]
Article source: http://www.streetauthority.com/node/30492618