Stocks in Black Awaiting the Flickering Taper

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

After 5 consecutive losing sessions, U.S. stock exchanges posted reasonable gains today.  I believe the decision that the Fed will add some slight tapering tomorrow is already built into the market's pricing.  As we have seen so many times, however, nothing is for sure in publicly traded markets.  Remember that the Fed's holdings are so massive, over $4 trillion, that it will take years to unwind all the paper they have been acquiring.  The Dow closed up 90 points today.

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