Wells Fargo & Co (WFC), Bank of America Corp (BAC): Stocks and the Federal Reserve — Necessary Pandemonium

The big question now, of course, is what does this mean going forward?

To be clear, the Fed hasn’t said that it will taper its bond purchases, only that it may soon begin to do so. Consequently, once it does finally make that decision, which could happen at any time now depending on how the economy performs, I think it’s safe to assume that volatility could even pickup further. And it’s for this reason that investors would do themselves a favor over the next few months by temporarily misplacing the password to their brokerage accounts, as buying and selling in this type of environment will almost invariably lead to substandard performance.

The article Stocks and the Federal Reserve — Necessary Pandemonium originally appeared on Fool.com and is written by John Maxfield.

John Maxfield owns shares of Bank of America. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America and Wells Fargo.

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