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Taper Me Not


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#1 nimblebear

nimblebear

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Posted 22 June 2013 - 07:03 AM

For once, I actually agree with Schiff.

Any notion of tapering, is just that - a tiny notion of a figment of Ben's imagination.

http://www.businessi...per-talk-2013-6

Summer is always a good lull period to announce this type of gimmicky crap, as stocks usually aren't doing much anyhow.

I figure just about the time everyone is all beared up again, and maybe the S&P 500 is inching toward 1500, we will hear some mahvelous grand proclamation, that all that's needed is $150 billion in QE per month, and that this will continue for 2 more years, and stocks will do a ramp job that will make everyone's head spin.

Of course shorts will once again get blown to high heaven. :rolleyes:
OTIS.