DislikedBE CAREFULL!!! In a new Bloomberg survey, 24 of 54 economists (44%) believe that the Fed will reduce QE3's scale to $65 billion a month at its September policy meeting. GLIgnored
Have you been paying attention to the economic news? Housing sales are tanking in US... which was the main reason FOMC said they were optimistic about growth.
Richmond Fed Manufacturing came in at its lowest level since 2006 today. Manufacturing not looking good.
Unemployment will be the next cookie to crumble.
Nothing looks good for US data = no Fed taper, especially not in September. Rally on.