Still unconvinced? Even Jim Bullard told investors that 'tapering' is tightening [3] - but don't take his (or our) word for it... the following chart says it all...
It's the flow, stupid...
h/t @Not_Jim_Cramer
Still unconvinced? Even Jim Bullard told investors that 'tapering' is tightening [3] - but don't take his (or our) word for it... the following chart says it all...
It's the flow, stupid...
h/t @Not_Jim_Cramer
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/295
[3] http://www.zerohedge.com/news/2013-09-20/bullard-admits-tapering-tightening-or-stock-dead-long-live-flow-redux
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/04/20140411_taper.png