Oct
22
How Long Before the Market Regime Changes? from Gary Rogan
October 22, 2013 |
Currently, as today's action demonstrates, bad news that is likely to keep the Fed from tapering (or even increasing easing) is taken as good news. Can this go on forever? At some point when the Fed's behavior is seen as pro-liquidity in the foreseeable future, will bad news start being interpreted as bad news?
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