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Phil Cannella Warns of the Fragile Economy
Phil Cannella constantly has his finger on the pulse of the economic climate. 2015 has shown us just how fragile the current investment landscape is. After the 2008 -2009 market crash, the federal government began its program of quantitative easing; a program which pumped trillions of dollars into the economy in order to prop it up. Instead of letting the markets sort themselves out, the Fed insisted on trying something never before attempted in history and bought up trillions of dollars of faulty mortgage backed securities.
Phil Cannella