Europe the Fly in the Ointment as U.S. Economy Buzzes
Channel: Voya Global Perspectives
Date: 2014-10-22

• While the success of the Fed’s aggressive QE program surprised the markets and the central bank…
• …Europe hasn’t gotten the memo, continuing to dither over the scope of its asset-purchase program as recession and deflation loom.
• Markets across the globe — with the exception of long Treasuries and domestic large cap stocks — were hard hit in the third quarter.
• Though volatility has risen, it remains modest; investors should take this opportunity to broaden their portfolios at more attractive levels.