Many things in life get better with age (wine, cheese, blue jeans), but many others do not (athletic ability, sushi, hangovers). Unfortunately for central banks, the effects of unconventional monetary policy probably fall in the latter category. Unlike traditional monetary policy—in which the centr…
Morningstar's Bob Johnson assesses the impact of the FOMC's stimulus program so far and stacks up theFed's growth and employment expectations against his own.
Morningstar's Christine Benz addresses who sequestration will and won't affect, changing prices forlong -term care, and a timely mortgage-paydown strategy.