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The unwinding of QE continues to be the main story for investors. Early on Wednesday they were pleased to hear statements from Bernanke on such topics as tapering too soon would be harmful to the economy... and that was a no-no.
But at 2pm ET the FOMC Minutes came out and far too many folks hit the sell button. Here is my read...
I believe that Bernanke, like all other Fed Chairmen, have their own version of the Hippocratic Oath taken by doctors. The main rule is "Do No Harm". I strongly believe that Bernanke and Co. are governing their actions by the same oath. And that they will only taper QE when prudent to do so. Plus it will not be removed too fast either.
So I do not fear the end of QE and will be happy to buy on any dip provided by the weak hands that fall off the bull. Check out this article to get the viewpoint of other Zacks commentators: Do Stocks Tank When QE Ends?
Let me now point out the latest article from Brian Bolan. As you probably know he recommended shares of Tesla back on February 1st. And now shares are up 128% just a few short month later. This is not the first time he has pulled a rabbit out of his hat. He shares his proven investment strategy in this new article:
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