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Grading the Fed's QE Program: Week 3

Weekly Economic Commentary

June 1, 2015 - KEY TAKEAWAYS

We give the Fed partial credit on equity and bond market impact.

The U.S. equity market performed exceptionally well during all three QE rounds, with the broad stock market increasing by 164%, as measured by the Russell 3000. The Fed partially helped lower bond yields (and boost bond returns) during its QE program.



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