Investment Wise: Unwinding Quantitative Easing
Between late 2007 and now, the Fed’s balance sheet grew from $830 billion to $4.5 trillion. It will very likely take years for the Fed to pare that down.
Market Roundup: Both the Dow and S&P 500 Reach Record Highs
While the Large-Cap indices reached new highs during the week, the tech-heavy NASDAQ had the best week, climbing more than 2.50%. The major indices closed with mixed moves on Monday, as the Dow Jones Industrial Average ended fractionally in the red zone, and the S&P 500 Index and NASDAQ posted gains.