posted on Jun, 19 2013 @ 08:07 PM
How about this for a positive spin on the Fed's announcement....
Cheer up - Fed's move signals
So now we know, and after the markets throw a minor tantrum, most investors will decide very little has changed. The sky is not falling in: it's an
economic recovery story in the US - get used to it.
Well, we'll see about that.
As for the markets having a fall on the news, its probably a very good thing. I don't really see too much a crash and burn as a result less other
problems surface, like surging interest rates.
I also wait and watch at the actual wind down of said asset purchases. Let's see how the economy can really stand on its own legs.
Wouldn't it be a major shocking revelation if it became apparent they couldn't withdraw or even lessen the monetary policy?
China not doing too well now with its credit created growth narrative.