QE3 is official. The Federal Reserve unveiled its next round of monetary easing this past week, and Chairman Ben Bernanke and company are taking an aggressive approach, including monthly purchases of mortgage-backed securities, an extension of the Fed's low interest-rate policy to 2015, and a promise of continuing action until the employment situation in the U.S. improves significantly. The stock market has already rallied sharply since the Fed's latest move, sending the S&P 500 not just to new multiyear highs, but also within proximity of all-time highs.
But what companies stand to benefit the most from QE3? What stocks could be headed even higher as QE3 takes hold? Check out today's video from Matt and Paul for some possible answers.
With or without the help of QE3 and the Fed, we all would like to build long-term wealth and retire well. In our free report 3 Stocks That Will Help You Retire Rich we reveal some stocks that could help you as well as some winning wealth-building strategies. Click here to keep reading.
