Why the Slow Death of QE is Scaring Wall Street | White & Case LLP International Law Firm, Global Law Practice
Why the Slow Death of QE is Scaring Wall Street

Why the Slow Death of QE is Scaring Wall Street

The Federal Reserve announced that it is considering dialing back on quantitative easing, spurring stock price volatility and increased selling. Significant 200-point intraday swings have made investors jittery.

"We've got a market that’s suffering the equivalent of alcoholism and there’s no AA," said Ernie Patrikis, former general counsel of the New York Fed and now a partner at White & Case LLP.