Quantitative Easing Could Bring Down the Stock Market

Quantitative easing will continue as a positive for the stock market. The key question is just how high those long-term interest rates will be allowed to rise and what are the impacts of stopping them from rising. It seems to me that they can't go too far before the US government literally bankrupts itself and is unable to service its debt. How far can it go? Okay, I'll give you a very over precise answer. 220 basis points on the five-year. That might be the mechanism through which is more potent in bringing down the equity market at the time when quantitative easing takes place.