A Comedown May Be on the Way After Fed High Comp

A Comedown May Be on the Way After Fed High
Comparing the Federal Reserve to a rehab clinic offering addicted investors a synthetic high has been a favorite of Wall Street wags ever since the first round of Fed stimulus nearly four years ago. The punch line is that you always need more and more to get the same high and each bout of euphoria is followed by a crashing comedown.

After the frenetic reaction brought about by the announcement of the Fed's latest stimulus program — $40 billion pumped into the U.S. economy each month — a more sober period for markets may be coming as investors digest what it means in the longer run and turn their attention to the remainder of the year.

That will include rancorous U.S. elections in November, wrangling over taxes and spending cuts and a slowdown in corporate earnings.
http://www.cnbc.com/id/49046994