Focusing on Stocks, Not on the Fed

The Fed has spoken, and it seems there is a chance that it will reduce its bond-buying activities before the end of the year if the economy is stronger. I believe that is something of a long shot at this point, as my best guess is that the economy muddles along exactly as it has, in "better but not good" fashion.

Traders have seized on that possibility, however, and sent stocks and bonds lower since the press conference yesterday. The news out of China that its economy is slowing has not done much to cheer up anyone's mood today, and it looks like the selling will continue for at least part of the day....619 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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