RealClearMarkets – A Stock-Market Paradox? Fed Taper Followed …

The “Fed’s taper decision signals end of era for easy money” blares the Financial Times headline, the day after the U.S. stock market has risen to record levels following the taper announcement. Wasn’t the much-maligned QE that the Fed has begun to taper/reduce supposed to be causing a stock market bubble? So why does starting to take it away trigger […]