Wall Street's knee-jerk reaction to the Federal Reserve choosing to keep the pedal to the monetary policy metal was loud and clear on Wednesday: Buy Buy Buy! That initial exuberance, however, masks a nagging worry and no shortage of confusion about the Fed's reluctance to act after the central bank had positioned markets for a reduction in its $85 billion per month bond buying program. It left many investors in a fog about what comes next. The trading day certainly did not unfold as expected. The vast majority of investors were bracing for a modest reduction in the Fed's monthly purchases of U.S. Treasury debt and ... (full story)