The S&P 500 (INDEXSP:.INX) has lost more than 2% of its value in the last five days of trading and continued its losses on Monday. The reason for the losses, according to an analysis which appeared in the Financial Times earlier today, is the expectation among investors that the Federal Reserve will begin tapering off quantitative easing.
Recent economic data suggests that the United States economy is recovering, a trend which may see the Federal Reserve reduce the magnitude of the QE program in line with recent comments from its chairman Setup a free account to get access to this article (no credit card required).Login required to continue reading.
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