[DuncanWaring]

WTF?

In the past, mere rumors of “tapering” cratered the markets.

[what's up]

It's a different day. Wall Street liked the bond buying when Obama looked like he would socialize the country.

But now liberals are flailing. And thi is why Bernanke is now tapering. Wall Streets views all this as a good thing for recovery.

[Deo volente]

The markets are relieved the Fed is making a very small cut, while suggesting rates would remain at their ultra-low levels even longer than previously stated.

In other words, the money printing continues for the indefinite future, at $75 BILLION each month. The party goes on.

[KarlInOhio]

In the past, mere rumors of “tapering” cratered the markets.

The drunks were scared that the bar would be closed. Instead the new bartender just locked away the Everclear, keeping the whiskey, gin, rum and vodka flowing. DTs averted for now. I still don't want to be on the road when they are finally told that the bar is closed and they have to drive home.

[Flick Lives]

This “tapering” is like promising to go on a diet where you have been eating 10 chocolate cakes a week but you promise to “taper” it down to eating 9 chocolate cakes a week.