Wednesday, November 13, 2013

Tapering Is Not Coming Soon

I don`t have an estimate because I don`t think it will happen anytime soon. Mr. Bernanke is certainly not going to do it, he wants to get out while he can, before it all falls apart. Mrs. Yellen undoubtedly will not do anything at first because I hope she knows, I hope she is smart enough to know that is it going to cause problems when they stop printing so much money. So I would suspect this will go on for a while, maybe 2015.

If and when they do start cutting back, the markets are going to react pretty badly and then they will probably loosen up again.