“Fed Should Get Going” – Stocks Stumble As Fed’s Bullard Says Taper Should Be Over By Q1 2022
Jim ‘bad cop’ Bullard is back on the tape, teling CNBC this morning that The Fed should “get going” on the taper and that he expects it to end its bond purchase scheme by Q1 2022.
Bullard also added that “getting taper done early gives The Fed options on raising rates.”
And stocks didn’t like that…
Remember what you’re told by the clever people on TV though, this market is driven by fundamentals, not merely The Fed.
Tyler Durden
Thu, 08/26/2021 – 08:42
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