Taper Tantrum 2013

Fed announced very recently that it will taper its asset purchasing program buy $10BN a month.

This number seems quite arbitrary to me, but does this figure seem high? low? unexpected for now?

Is anyone changing anything in their personal accounts? Did anyone make a big trade on this news?

this almost seems to me like CNBC style hype, but i'm interested to see what happen over the next few months.
Sorry in advance for the coffee induced rapid fire questions...

11 Comments
 

Good news -> Fed winds down the taper -> Market goes up

Bad news -> Fed continues taper to stimulate economy -> Market goes up

Anybody else see a problem here?

 
BTbanker

Good news -> Fed winds down the taper -> Market goes up

Bad news -> Fed continues taper to stimulate economy -> Market goes up

Anybody else see a problem here?

This is what I'm wondering...wtf rationalization are these people smoking???
If the glove don't fit, you must acquit!
 

I think you meant to say wind down QE, tapering is the beginning of this. I agree though it seems like any news is good news.

"Life all comes down to a few moments. This is one of them."
 

I invest in high dividend yielding stocks and reits,

got the taper news and checked my personal account and it went up

?

When fed said they werent going to taper back in sept my personal account shot up Not going to change anything in my personal account - holding on for the long haul

What is going on?

its a Christmas miracle

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