While Fed Chairman Ben Bernanke’s announcement that a reduction in the asset purchase program will begin later this year was not a surprise to me, stocks felt the impact as selling ensued across the board.
This article History Says Much Larger Sell-Off Looming for S&P 500 originally published at Investment Contrarians by Sasha Cekerevac
By: Sasha Cekerevac
Posted: June 24, 2013, 8:13 am
We believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing and an unprecedented expansion of our money supply....