06-07-2013, 02:06 PM
The market usually react to news at face value, maybe one shouldn't read too much into it.
Actually, I take it as a positive sign too. I think tapering is more or less fixed in stone at 2015 (which is only 1.5 years away) or unemployment <6.5%.
I am not overly concern about it, as long as it is gradual and has lots of prior warning.
Actually, I take it as a positive sign too. I think tapering is more or less fixed in stone at 2015 (which is only 1.5 years away) or unemployment <6.5%.
I am not overly concern about it, as long as it is gradual and has lots of prior warning.