June 19, 2013 Comments

So, apparently the FED has signaled that the “quantitative easing” consisting of the Feds buying $85 billion per month worth of bonds and mortgage securities will taper off sometime this year and end around this time next year. And all this will occur only if the economy is strong enough. Although totally expected the S&P fell 1.4% after this news and Toronto fell 0.8%.

I am not convinced that this is anything to worry about. Markets are always unpredictable. But if interest rates rise somewhat and the economy continues to recover that does not really portend disaster for stocks. If markets decline much, my thoughts will turn more to buying.



  • Cool bⅼog! Is your theme custom made or did you download it from somewhеre?
    A design like yours with a feѡ simple tweeks ᴡould really make my blog shine.

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    • This theme is available in WordPress and called Dynamic News. I believes there is a free version and a paid pro version. The style of the comments may be more a standard wordpress feature.

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