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Global Markets React To Fed
Statement...
Jun 20, 2013 - By Staff Writer
The Market lost over 350 points today, but it should not be a surprise to anyone on how Global markets are reacting to Fed Chairman Ben Bernanke's statements Wednesday, who in their right mind would think the Fed would maintain their easy money policies indefinitely?
No one should panic, the market is simply coughing up the over indulgence from the last few years and it is time to come back to reality. The housing market is strong and should not be deterred by higher interest rates, jobs are stabilizing and there is optimism on many sectors of our economy.