Kevin Mahn, CIO and president, Hennion & Walsh, was a taking a balanced outlook towards the Fed’s stimulus plans, given the large number of unresolved issues including Europe’s. “While I believe that the most recent Federal Reserve intervention (i.e. QE3) will help to provide some additional legs to the equity bull market rally that has essentially been in place since the market downturn hit bottom in March of 2009, I do also believe that there are certain headwinds and uncertainties confronting the potential for future economic and stock market growth,” Mahn said.

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*Kevin Mahn manages and sponsors equity growth UITs through SmartTrust® Unit Investment Trusts.