Great article on investing after QE2 (or trading for that matter), posted to http://www.ritholtz.com by the Global Macro Monitor.
Unless credit markets begin to recover in a significant way, the source of new liquidity to drive major markets is in question, in our opinion. Flows into one market — whether it be equities, bonds, commodities, or foreign assets — will likely be at the expense at another and follow a zero-sum game.
As always, be prepared for changes in market direction by having a plan for your long term investing success.
