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Bernanke to Save QE3 if We Go Over Fiscal Cliff?

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  • Description

    Springer Financial president Keith Springer gives his outlook for the Fed.

  • Duration 2:33
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And that's part many investors plan on kicks in acting now are down and -- let's talk about the markets a little bit more -- Coakley.

But today there are you most people I think it's fair to say expect the Fed acts in the fall -- QE3 lives called buy more bonds whatever.

Well our next guest -- now that is not going to happen Keith springer is the president.

For your potential author facing Goliath how -- triumph in dangerous markets ahead and I know.

-- this is kind of unique view because a lot of people are just -- -- the Fed didn't really do anything last time around they'll do it in September why won't that.

Well Colin missed their chance they -- they needed to do what a couple of months ago when the economy was slowing.

This your reasons if they do it in September wanted to look much too political.

And I think they don't want to give the impression of being too political.

Two of the I think for Nike realizes only got one maybe two arrows left in -- quarter and I think he wants to save it for January case the fiscal cliff.

Isn't resolved by congress I think he's gonna need -- a lot more than and he's trying to keep his ammunition drying Casey needs it then -- -- Let's face it -- for -- well if that's the guys cherry.

Well he well if that's the case for what odds are you putting on that actually being -- realistic scenario where.

For that congress actually allows these.

Big spending cuts and tax increases the fiscal cliff -- it's become known to actually go into effect.

Very low come under question but I I don't expect of course it's gonna get out of wire they're gonna fight about they're probably extended -- every year -- something to the -- -- Bernanke -- ought to be carefully cancer too much at this.

And it doesn't want to look political and that's keep in mind too that he knows it's gonna create inflation and hurt the very people it's gonna hurt the individual investors and most America where.

From the inflation he can he creates -- market price goes on all of this do you think thirteen one on the Dow and four and -- 14100 on the on the S&P today had they assuming.

Is the market kind of playing along with URD or do you think would get hit here if if your right in the Fed does an act in the fall.

High -- When he gets hit here where basically it's got a it's got an easing built into this and that's what people are betting on people are looking forward the market is addicted.

To quantitative easing and stimulus investors really need to be careful they'll probably have a sell off one we don't get it.

Maybe a little rise towards the election they get it behind us but we've got to be careful investors need to -- be careful and invest.

You know invest for need not for -- look for income and dividends and not be betting all there.

All their eggs on the retirement plan on the market not trying to time -- that's so we do for our clients yeah investors really gets us to watch out for this because a lot of pitfalls ahead of us right aren't Keith springer -- for --

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