My name is Mr Market, and I'm a QE-aholic
This year's market correction foreshadows an eventual, painful withdrawal from quantitative easing as the US economy sobers up. Like American currency appreciation, it shows stimulus has been working
Australia's banks are bleeding hot money
If just the Fed's hint at a potential quantitative easing wind-back was enough to slug Australian bank stocks, be wary of broader market effects when QE actually ends.