Paulsen: QE Has Had Little Impact

One strategist who likely is pleased with the Federal Reserve for finally beginning to taper its asset purchasing plan: Wells Capital’s James Paulsen. Paulsen said last week at the Wells Fargo 2014 Investment Outlook conference that quantitative easing “has not had much impact,” except for there now being $3.5 trillion in bank reserves that has not reached the economy, the Las Vegas Review Journal reports. The Fed, he said, “should have stopped (quantitative easing) a… Read More

Tepper Still Says Tapering Is A Good Thing

While others are fretting about the possibility of the Federal Reserve tapering its asset-purchasing plan, hedge fund guru David Tepper says tapering efforts would actually be good news. “All the concern in the markets is because the Fed sees the economy stronger in the future,” Tepper said in a statement, according to CNBC. “The bond (market) is concerned about the strength,” he said. “A 10 (year) bond at 2.4 or even at 3 (percent) if… Read More