• Knave Dave
    05/23/2016 - 18:16
    This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve...

How Can Bernanke Taper In Light Of This?

Tyler Durden's picture


As we earlier noted, there are numerous reasons that a taper should not occur (despite the protestations of so many sell-side economists that the economy is recovering... or about to). The following chart perhaps sums up best just how bad the real situation is... In light of this - if Bernanke tapers, is it not clear that The Fed is admitting it is cornered (for the four reasons we explained previously).



This is the recovery that the Fed's mandate has nailed?...


Chart: Diapason Commodities' Sean Corrigan

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