Bianco: ‘The Risk is Definitely To The Downside’ On QE Announcement
The latest video from Bloomberg with Jim Bianco is below. Bianco believes the markets will be disappointed Fed if the Fed shows less than 5 months of $100 billion in QE tomorrow. He also doubts whether a tax hike would be a “big, big” negative for stocks. Bianco also discusses the mid-term congressional elections.