The Day Ahead: Taper Outbreak

To taper or not to taper? That is the question posed by Sir Market. Taper up, taper down, taper sideways. Taper, taper, taper!

The other day, a producer friend and I discussed this question of when and how much the Federal Reserve will "taper" quantitative easing, and we agreed that every person on the Street has been transformed into a taper monster. Who's spreading this disease? It's Fed chief Ben Bernanke, of course, who surprisingly served a heaping of disappointment to Mr. Market. As for myself, I have put my money where my mouth is and since mid-May have clients overweighed in cash....593 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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