Stocks down 240pt, Bonds down 60BPS, Gold down 75.00 per share - TopicsExpress



          

Stocks down 240pt, Bonds down 60BPS, Gold down 75.00 per share have all dropped significantly since the Fed Policy Statement yesterday. Consensus is all the big money firms who have made a ton of money during this huge run in the start of 2013 are taking there gains and putting them on the books. With the Feds saying the tapering of QE3 will begin in 2014 they are all scared that the recent uptick in the economy is false. The numbers are inflated because of the Feds money securing the markets. If they stop printing the money and buying MBS who knows if the markets are secure enough to hold any gains. At some point the bleeding will stop but when!!!
Posted on: Thu, 20 Jun 2013 18:11:09 +0000

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