“Some commentators are betting that the Fed will begin to taper now, though the big money says tapering will start in March.  Tapering, whenever it happens, is not tightening. Tightening is pulling money out of the system. Tapering is simply slowing an out-of-control train to 135 miles per hour from 150. There’s a pileup in the offing either way.  No matter what comes of tapering talk this week, one fact will remain unchanged: The Fed will maintain interest rates at or near 0%.  And even if tapering does happen this week, the Fed will accompany the move with commentary promising to extend the period in which rates remain excessively low.”

http://thesovereigninvestor.com/2013/12/17/build-huge-bonus-portfolio/

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