QE3, finally!

Mikio Kumada, global strategist at LGT Capital Management in Singapore discusses the long-awaited announcement by the Federal Reserve for a third round of quantitative easing, after many months of market speculation. He discusses the open-ended nature of the programme and if this composition of measures was indeed the best course of action from the Fed. Mikio also address the concerns that the Fed's policies could drive up inflation in the future and the trend of the diminishing impact of each successive QE on the stock market. Find out his thoughts on what it could mean for Asia, now that two major central banks -- the Fed and the ECB -- have adopted policies of open-ended bond purchases.and what investors should do in light of all this. See omnystudio.com/listener for privacy information.