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Taper Talk Tantalizes

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Stock traders played it close to the vest today also awaiting word from the FED as to whether and when tapering of the FEDS purchasing program will begin.  I cannot remember any time in my life having heard that little used five letter word with such frequency.  As stocks inched slightly higher, Morgan Stanley threw its prognostication into the ring forecasting a March beginning for the FEDs first step toward unwinding QE3.