A lot of discussions back and forth have talked about this topic since Bernanke first mentioned it which caused a market sell-off. Everyone knows that sooner or later QE will end and that the markets will have to return back to some sort of normal without Fed life support.
Do you think the economy will survive once the Fed starts pulling the plug?
I think as soon as the Fed tapers (which I think will happen by a very small amount this year) we will see the economy contract further and the USD after a brief spike will weaken as well as the economic picture is not as good as the headline figures suggest.
Do you think the economy will survive once the Fed starts pulling the plug?
I think as soon as the Fed tapers (which I think will happen by a very small amount this year) we will see the economy contract further and the USD after a brief spike will weaken as well as the economic picture is not as good as the headline figures suggest.