With the year winding down, Marketplace regular Allan Sloan makes some predictions about business and markets in 2014. Bond funds? Bad. Hedge funds for the masses? Very bad. What about the Federal Reserve? Will the stimulus be withdrawn?
“I think it will finally happen in 2014, and the withdrawal symptoms will probably not be anywhere near as bad as people think,” says Sloan, senior editor-at-large for Fortune magazine. “Just because everyone has been expecting this to happen for so long.”