Taper Is Coming. Stock Market Rises.

“Yesterday, the stock market rallied a little. The explanation, according to a Reuters story, is that there are signs that the Federal Reserve will begin tapering in September. As you will recall, for six consecutive days, the stock market tanked. The explanation for the tanking was this: the expectation was that the Federal Reserve will begin tapering in September. This expectation was based on a careful reading of the minutes, which said the FED will not change its present policy.”

http://teapartyeconomist.com/2013/08/23/taper-is-coming-stock-market-rises/

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