The End of the Easy Money Romance As the Federal Reserve nears the end of its QE3 stimulus program, investors and homebuyers bid farewell to an economy they may never see again Of course no one thought the honeymoon could last forever. Even those who did not worry that easing would spark hyperinflation knew that the Fed couldn’t balloon its balance sheet forever. All signs point to the Fed letting everyone down easy; cutting easing off all at once could send bond yields spiking and stock markets plummeting.