Did you think that Bernanke’s Fed, after five years and more than $2 trillion in stimulus and easing was prepared to yank the rug out from under your feet?
Was that really your assumption? That the Fed would build a Jenga tower and then pull the bottom brick?
What would have been the purpose of that? Where exactly was the urgency?
In Surprise, Fed Decides Not to Curtail Stimulus Effort (NYT)
S&P 500, Dow hit record highs as Fed says ‘No Taper’ (USAToday)
LIVE: Bernanke Explains Himself (BusinessInsider)