Analysts Skeptical About Operation Twist Aimed At Boosting Economy

on Jun 23, 2012 in Fox News, Media Center by Ed Butowsky | No Comments »

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The Federal Reserve is unveiling a new plan this week to jump start the struggling US economy called Operation Twist. It’s actually already an extension of a program already in place since September of last year. Basically, the plan calls for selling short term debt and then buying longer term treasuries. Ben Bernanke explains that the plan would buy up securities in the market and bring them on to the Fed’s balance sheet, which in turn causes investors to buy into substitute securities. With interest rates almost near zero, will Operation Twist actually encourage businesses and consumers who are not borrowing now to get off the fence? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss the comments made by the Federal Reserve chairman Ben Bernanke about Operation Twist and how does it impact your pocket book.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.

 

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About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 22 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225