We're looking for the VIX to work its way lower over time and the S&P higher, but it'll be a bumpy ride.
But what can we expect from this program, what kinds of bonds should benefit, and is the Fed setting us up for disappointment?
At least don't think about asking Fed Chief Jerome Powell. The Fed concluded its June meeting, and here are my takeaways.
The European Union has unveiled a historic proposal to fund fiscal stimulus through a common bond issuance, and it could mean real competition for the U.S. Treasuries.
Those chasing returns in credit need to be aware of what the Fed is and isn't trying to achieve, so let's dig in.
Here's my take on the Fed's corporate bond ETF buying, Germany's ruling on quantitative easing and the Treasury's decision on new bond sales.
Let's review the charts and indicators.
This is a game in which Jerome Powell & Co. have played their turn, and now await their opponent's move; also here are the bonds to own now.
I'm focused on buying longer bonds, mostly in the 10-year maturity range.
The Fed has made three big changes to its corporate bond-buying program, and here's my take what the controversial moves mean.