Since the depths of the financial crisis over five years ago, one of the most debated topics remains the efficacy of the Federal Reserve’s unprecedented stimulus program. Only hindsight will reveal whether or not the era of “free money” was a success or a great blunder, but whatever the case may be years from now, the fact of the matter is that the Fed’s intervention did spark one of the strongest bull markets in history, following a widespread financial meltdown [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. Sector ETF Performance Review: 5 Years After the Bottom Prior to the start of 2009, the Federal Reserve cut interest rates to historically unprecedented levels (0-0.25%) in mid-December of 2008; however, the U.S. stock market proceeded to sink lower as the looming clouds of uncertainty didn’t start to scatter until the Fed announced it would expand its quantitative easing initiative, “QE” [...] Click here to read the original article on ETFdb.com. Related Posts: 3 Sector Rotation Strategies ETF Investors Must Know Which Sector ETFs Are Cheap? All Better Now? Many ETFs Climb Back Near Pre-Recession Levels Fidelity Rolls Out 10 Sector ETFs (FDIS, FSTA, FENY) 12 Cheap ETFs Every Trader Must Know
Since the depths of the financial crisis over five years ago, one of the most debated topics remains the efficacy of the Federal Reserve’s unprecedented stimulus program. Only hindsight will reveal whether or not the era of “free money” was a success or a great blunder, but whatever the case may be years from now, the fact of the matter is that the Fed’s intervention did spark one of the strongest bull markets in history, following a widespread financial meltdown [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. Sector ETF Performance Review: 5 Years After the Bottom Prior to the start of 2009, the Federal Reserve cut interest rates to historically unprecedented levels (0-0.25%) in mid-December of 2008; however, the U.S. stock market proceeded to sink lower as the looming clouds of uncertainty didn’t start to scatter until the Fed announced it would expand its quantitative easing initiative, “QE” [...]
Click here to read the original article on ETFdb.com.
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