To Taper or Not to Taper- Trillions of Dollars Depend on the Decision

August 25, 2013   |   August 2013 Bond Updates
There is not one single authoritative voice about  when to start tapering  or  the extent  of tapering. There are many voices at the Fed itself, in the groves of academia and in political circles, all contributing to the confusion and the backing and filling of bond and stock prices, all being  followed by the media as if it was some popular sporting event.  I've even heard one thoughtful authority prefer no further action until Bernanke's successor is in power.

View more at: http://www.forbes.com/sites/robertlenzner/2013/08/24/theres-a-powerful-lot-of-confusion-over-the-feds-urge-to-taper/
 
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