Reflections on 2013; What's Important, What's Not? What's Ahead?
MishTalk
JANUARY 3, 2014
Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Expect more on this in 2014. At long last, the Fed has finally started to taper. Here we are. It is a critical issue. Spain''s unemployment is a massive 26%.
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