Understanding What The Federal Reserve Said, And Did Not Say |
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June 27, 2013 |
June 2013 Bond Updates
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I contend that the mass selling that followed the recent comments from the Fed was an overreaction by many investors and while it is prudent to start bracing certain growth-oriented portfolio strategies for an environment of rising interest rates, we welcome the forward looking optimism of the Fed with respect to the U.S. economy and their transparent plan to look to start tapering their bond buying on a measured basis.
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View more at: http://www.forbes.com/sites/advisor/2013/06/27/understanding-what-the-federal-reserve-said-and-did-not-say/
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