Blacklands Cafe
6:00 am
Tue December 3, 2013

Dr. Funderburk: Dow over 16,000, but go slow

With the Dow Jones average over 16,000, it seems that good times are back on Wall Street.  But A&M-Commerce economics professor and the interim dean of the College of Business and Entrepreneurship Dr. Dale Funderburk says the "quantitative easing" of the Federal Reserve, injecting large sums of money into the economy, may be artificially pumping up the market.

Blacklands Cafe. A&M-Commerce economics professor and interim dean of the College of Business and Entrepreneurship Dr. Dale Funderburk says the high-flying stock market, at over 16,000 on the Dow Jones average, may be artificially pumped up by the Federal Reserve's policy of "quantitative easing." KETR, John Mark Dempsey.