Billionaire Ron Baron says that he's confident that the turbulence over the end of QE won't...

|By:, SA News Editor

Billionaire Ron Baron says that he's confident that the turbulence over the end of QE won't last, and things will settle down. Why? Well, just recently, former Treasury Secretary Tim Geithner remarked at a dinner he attended that the Federal Reserve's exit strategy would take about five years, which he interpreted to mean the tapering of the Fed's $85B-per-month bond-buying program would last that long. Baron also noted that Geithner felt it wasn't likely short-term rates would rise anytime soon, possibly for years and years.