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After The Taper, Outlook Is Clear For Stocks, Investors Say
Investors have been hearing scary taper stories from the financial media for quite some time now. Mr. Bernanke made it clear that the Fed is not taking away the punchbowl, just replacing it with a slightly smaller one. Decreasing to $75 billion from $85 billion in bond purchases is not the end of the world and it should be done that way. With the entrance of Janet Yellen as Fed chairwoman, a sense of continuity has been achieved.
CNBC will have to find another topic to force feed viewers.
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CNBC will have to find another topic to force feed viewers.