Fed`s Tapering: How They Will Proceed

They will continue on the path they have stated until there is pain in the market. Then they will panic, they will give in and they will stop cutting back. Everybody will heave a sigh of relief and say all is going to be ok. The markets will then rally and that will probably be the final big rally. That may not happen until 2015 or 2016. I don`t know. That is my feel on how they will proceed.