Markets Won't `Fall Off Cliff' as Fed Twist Ends

Markets Won't `Fall Off Cliff' as Fed Twist Ends Play

April 18 (Bloomberg) -- Tony Crescenzi, a strategist at Pacific Investment Management Co. in Newport Beach, California, talks about the outlook for global financial markets and the impact of Federal Reserve monetary policy on U.S. stocks. The central bank already bought $2.3 trillion of bonds in two rounds of asset purchases and started a $400 billion program known as Operation Twist to replace short-term debt in its holdings with longer-term securities. Crescenzi speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

  • On Air Now

    Street Smart with Trish Regan Watch Now

  • Next

    Taking Stock with Pimm Fox

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus