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...
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?
why I don't work in S&T in a nut shell...
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.
Yeah, that's what I meant, so this is probably a good time to get out.
I think this was pretty expected...widely expected that either tapering would be announced this time or in March...$10bn not a huge taper, but a start...
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
portfolio went up by >1% today
dam lost to the market
Is it that we have to wait til interest rates really start creeping up to devalue these stocks???
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