Month: April 2013

The Effects of Easing Hit Wall Street

The first quarter of 2013 began with “Fiscal Cliff” concerns and a stalemate in Washington over the budgetary issues facing the United States.   The quarter is ending with concerns over sequestration, the debt ceiling, saber rattling in North Korea, the Cypriot Banking system failure, and the inability of leaders in Europe to manage the issues facing the European Union.  Underpinning all of this is the largest global expansion of Large Scale Asset Purchase Program (LSAPP) or Quantitative Easing (QE) in …