Taper

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When is the Fed going to start the (dreaded) taper?

2013
0
No votes
2014
2
40%
2015
1
20%
2016
0
No votes
None of the above
2
40%
 
Total votes: 5
Libertarian666
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Taper

Post by Libertarian666 »

This should be interesting!
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MediumTex
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Re: Taper

Post by MediumTex »

The wild card is who the next Fed chairman will be.  That will probably determine the timing more than anything.

If the Japan situation is any guide, though, we will likely be stuck at rates near zero for a long time and whatever additional liquidity/stimulative programs may be needed to keep the stock market from falling apart.

I think that's just where we're at. 

I do, however,  really wish that more discussion about the role of demographic changes on the economy was being worked into the discussion about Fed policy and where the economy is headed, considering how powerfully demographic trends influence economic output and asset pricing.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
Reub
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Re: Taper

Post by Reub »

I believe that tapering will begin immediately after next year's elections. To do so in earnest before then would be too politically costly.
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