Morgan Stanley chief U.S. equity strategist has a big report assessing the impact of QE on the stock market today.
In a note to clients this morning entitled QE3 â More Is Required, Parker argues that "QE3 will likely be insufficient to significantly boost equity markets and we wouldnât be at all surprised to see the Fed dramatically augment this program (i.e., QE4) before year-end, particularly if economic and corporate news continue to deteriorate as they have over the past few weeks."
http://finance.yahoo.com/news/morgan-stanley-could-see-qe4-135126762.html
In a note to clients this morning entitled QE3 â More Is Required, Parker argues that "QE3 will likely be insufficient to significantly boost equity markets and we wouldnât be at all surprised to see the Fed dramatically augment this program (i.e., QE4) before year-end, particularly if economic and corporate news continue to deteriorate as they have over the past few weeks."
http://finance.yahoo.com/news/morgan-stanley-could-see-qe4-135126762.html