vrijdag 25 april 2014

Yellen Tapering to Continue?

So Janet Yellen reduced QE from $65 billion/month to $55 billion/month in March 2014.

Let's see if this is really the case.

Wednesday, April 2, 2014: $4.236441 trillion.

Wednesday, April 23, 2014: $4.296339 trillion

If I'm not mistaken: 4.296339 - 4.236441 = 59.898 billion. That's already over $55 billion and the month of April isn't even over yet.

So if they can't even properly execute the tapering to $55 billion/month, do you think they will be able to continue tapering to $45 billion/month on the next FOMC meeting of 30 April? Especially when the stock market is rolling over?

We'll soon find out next week. "Belgium" will be buying all these tapered bonds anyway.

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