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24 Of 68 Un-"Qualified" Economists Expect A Taper

Tyler Durden's picture





 

Of the 68 "economists" (which incidentally none of which are "qualified") that Bloomberg surveyed, 24 believe a taper is coming with the majority expecting a $10 billion cut in the asset-purchase program.

 

 

(h/t Not_Jim_Cramer)

 


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Wed, 12/18/2013 - 14:50 | Link to Comment fonzannoon
fonzannoon's picture

idiots

Wed, 12/18/2013 - 14:51 | Link to Comment SilverIsKing
SilverIsKing's picture

No taper.

More jawboning about taper in March.

Wed, 12/18/2013 - 14:52 | Link to Comment Headbanger
Headbanger's picture

They're idiots alright.  It's going to be a $20 billion cut.

Wed, 12/18/2013 - 14:59 | Link to Comment Cult_of_Reason
Cult_of_Reason's picture

I agree, $20 billion symmetrical taper today -- by $10 billion cut of each.

Wed, 12/18/2013 - 15:02 | Link to Comment SoilMyselfRotten
SoilMyselfRotten's picture

Pop then smash in less than a minute....strap in

Wed, 12/18/2013 - 14:55 | Link to Comment Life of Illusion
Life of Illusion's picture

gold at up to 1243,,someone else knows

Wed, 12/18/2013 - 14:50 | Link to Comment NoDebt
NoDebt's picture

Could you just wait for a few freaking minutes?  We'll know soon enough.

The real insiders were given the word yesterday, of course.

 

Wed, 12/18/2013 - 14:50 | Link to Comment frankTHE COIN
frankTHE COIN's picture

Graduate Assistants.

Wed, 12/18/2013 - 14:54 | Link to Comment Seasmoke
Seasmoke's picture

Someone should have skewed the report with a $300B forecast. 

Wed, 12/18/2013 - 14:53 | Link to Comment NoDebt
NoDebt's picture

What's a "qualified" economist anyway?

Oh, oh, I get it.  Paul Krugman- qualified.  Everyone else- not.

Wed, 12/18/2013 - 14:55 | Link to Comment cherry picker
cherry picker's picture

What makes them qualified, a crystal ball, tarot cards or a ouji board?

A qualified economist is no better at predictions than a blue collar worker trying to raise a family and the blue collar worker is probably more tuned to what really is going on.

Wed, 12/18/2013 - 14:57 | Link to Comment hooligan2009
hooligan2009's picture

remember...it doesnt matter how the US finances its deficit...short Fed paper or long term debt...what matters is the fiscal deficit and note that the debt position wont improve until the Government runs a SURPLUS.

it matters naught how the Fed acts to finance GDP growth..it boots nothing for the Fed to displace the Government in federal borrowing.

it is just a few short years before the interest bill alone will be one trillion a year.

remember also that GDP is only partially funded by profligate government spending and until there is a SURPLUS, the government sector will continue to cannibalize the private sector of diminishing resources (value borrowed from tomorrow).

Wed, 12/18/2013 - 14:54 | Link to Comment czarangelus
czarangelus's picture

$10 billion just to test the waters. I honestly think the Fed is starting to get an inkling of fear about the tiger whose ears it's holding.

Wed, 12/18/2013 - 15:04 | Link to Comment czarangelus
czarangelus's picture

BOOM! Nailed it!

Wed, 12/18/2013 - 15:16 | Link to Comment NoDebt
NoDebt's picture

So noted.  You'll find a little something extra in your ZH paycheck this week.

 

Wed, 12/18/2013 - 14:56 | Link to Comment buzzsaw99
buzzsaw99's picture
Damn It Feels Good To Be A Gangsta
Wed, 12/18/2013 - 15:00 | Link to Comment Yen Cross
Yen Cross's picture

   This announcement can't happen soon enough. I can only take about 5 minutes of the BLOWHORN(cnbs) before I start ripping my hair out!

Wed, 12/18/2013 - 14:59 | Link to Comment The worst trader
The worst trader's picture

No taper, quick short TVIX!

Wed, 12/18/2013 - 15:01 | Link to Comment walküre
walküre's picture

it's on like DK

Wed, 12/18/2013 - 15:02 | Link to Comment czarangelus
czarangelus's picture

Suddenly, wild gyration in the market! What's word, what's word!?

Wed, 12/18/2013 - 15:07 | Link to Comment Yen Cross
Yen Cross's picture

  And once again we see how retarded the economists are...

Wed, 12/18/2013 - 15:21 | Link to Comment NoTTD
NoTTD's picture

All Hail the Unqualified 24!

Wed, 12/18/2013 - 15:38 | Link to Comment ncdirtdigger
ncdirtdigger's picture

Sorry, I was on the crapper when they called for my opinion.

Wed, 12/18/2013 - 16:16 | Link to Comment El Vaquero
El Vaquero's picture

I just didn't want to make a prediction.  My crapper visit is upcoming. 

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