Great time to load up on stocks, unless you buy into the post-QE disaster scenario
October 30, 2014 at 05:03 AM EDT
Detractors contend the Fed has failed us in many ways, some of which won’t be felt for a while. But Yellen and the gang deserve a thumbs up for managing expectations. At least as far as QE3 is concerned. We knew it was coming, and when it finally did, the official halt to the stimulus program hit the market like a cotton ball from a slingshot. No real lumps.