Stocks have continued to creep higher since the QE announcement, and Parker acknowledged that the Fed's actions probably have accounted for two-thirds of all the market's gains over the past six months.
Bob Janjuah, fixed income strategist at Nomura Securities, advises investors to watch 1,450 on the S&P 500 as a critical level. He forecasts that eventually the Fed money-printing effects will wear off and the index will tumble to the 800 level.
发表于 2012-9-25 21:35
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