Tag Archives: The taper
The Taper Begins, World of Snooping
Thursday, December 19, 2013
The Taper Arrives: Stocks jumped yesterday when the Federal Reserve announced it will scale back its economic stimulus by $10 billion a month starting in January. That drops the stimulus to $75 billion a month. This is the much discussed …
Fed Surprises, Shutdown Coming
Thursday, September 19, 2013
Econ 101: Stocks flirted with a record close yesterday after the Federal Reserve announced it will continue to prop up the economy with $85 billion a month in new treasury bonds. Analysts were expecting the beginning of “the taper”, with …