The guitar has always been abused with distortion units and funny sorts of effects, but when you don't do that and just let the genuine sound come through, there's a whole magic there.
– Jeff Beck
Is Fed Chair Janet Yellen Tapering Fast Enough?
Back in August, I gave you “3 Reason Not to Fear the Taper” because I didn't feel that the Fed reducing bond purchases would hurt the market. While the taper hasn't been on for long, US stock market indices are trading near all-time highs which confirms my call. Today I wonder aloud, “Is the Fed tapering fast enough?”