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Stocks could move even lower on Fed's QE end - Investec

FXStreet (Łódź) - Jonathan Pryor, Corporate Treasury Analyst at Investec suggests that the decline in stocks could continue after the Fed ends QE3 at the monetary policy meeting at the end of October.

Key Quotes

"Stock markets are having an awful time of it this week, and this month in general."

"With the Fed meeting at the end of this month expected to see the end of their purchase "rogram, we could see stocks move lower still as the supply of cheap money stops being pumped into the equity markets."

"Asides from this, there seem to be several other factors at play with recent moves."

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