“The big question these days is this: ‘When will the Federal Reserve System start to taper off its purchases of U.S.Treasury debt and Fannie/Freddie debt?’ The commonly held view is next month. A Reuter’s reporter went up to David Kotok’s annual gathering at Leen Lodge in Maine. He brings in 50 or so big names in the investment world. They can chat with each other. There are formal presentations. She asked several of them when the FED will taper. The answer was unified: not soon. Pippa Malmgren said it best: if the FED moves from buying 75% of the Treasuries issued this year to selling them, the market will react violently.”
http://teapartyeconomist.com/2013/08/13/the-taper-trap/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Sony's credit rating heads toward junk pile
$250,000 worth of Bitcoins stolen in net heist
Swiss Gold Initiative Likely Tighter Than Polls Suggest
Dates When PRISM Data Collection Began For Each Provider
Marc Faber on shadow banking, market psychology, & the global impact of American monetary policy
Mt. Gox and Ripple Founder Jed McCaleb Unveils Project ‘Stellar’
“3% Down” Mortgages: They’re Back!
Cop Fractures Woman’s Face, Says “I’m Going to Push Your Nose Through Your Brain”
World Bank Insider Blows Whistle on Corruption, Federal Reserve
‘It was like a firing squad’: Deputies shoot Florida man in his own front yard
Burrito Company Offers Bond Giving Investors A Free Burrito Every Week
11 Governments Are Meeting in Peru to Figure Out How They Can Control the Internet
Canada's Marc Emery is a Man on a Mission
Son of top DHS border cop busted for running cocaine
Canada will tax your bitcoins