Weekly Wrap: What lies ahead

Marketplace Staff Oct 29, 2010
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Weekly Wrap: What lies ahead

Marketplace Staff Oct 29, 2010
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For this week’s Weekly Wrap, we actually look ahead to the big news week coming up.

Let’s pretend it’s Wednesday after the election, and the Federal Reserve has not yet announced its quantitative easing plans, but Republicans have taken control of the House. What happens on Wall Street?

“I think the market goes up, but I think the market goes up anyway, simply fro the fact that the market loves certainty and will just be so happy to have this election behind us,” says Gallagher.

If the Democrats hold the House?

“Oh, you will see a massive sell off,” says Carney.

Follow the rest of the discussion on our latest Weekly Wrap and also see what our experts say might happen on Wall Street after the Federal Reserve announces its latest plans to help the economy.

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