Oh the horror, the Fed is only dumping $65 billion into markets next month. Boo hoo. We want our free money!
“The Fed’s actions continue to send reverberations to the other economies of the world, and not positive ones. The strength of the dollar, via the taper, is exposing some real weakness in other markets and economies. Keep in mind that all of this could change on a dime and go the other way,” noted Kevin Giddis, head of fixed income capital markets at Raymond James.