Daily Archives: December 18, 2013

The US Federal Reserve Announces $10 Billion Tapering

Wed, Dec 18, 2013, (2:28pm EST) The U.S. Federal Reserve has announced today,  it would start to taper its bond-buying program ( or QE3) by $10 billion a month, from January 2014. Now waiting for the last press conference of … Continue reading

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US Markets Today: Taper On, Markets Turn Volatile

Dec 18, 2013, (Update: 2:12pm EST) The Fed has opted for $10 billion per month tapering in QE3, but “exceptionally low rates” until jobless rate falls makes markets volatile. Market Reaction: – Dow Jones and other indexes at first jumped high, … Continue reading

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Indian Markets Today: Waiting for the RBI and the Fed

18 Dec, 2013, ( Update:   11:33AM ) Reports: RBI surprises by keeping interest rates on hold So, buddies? Did you see what the RBI did? Exactly what I had anticipated- NO rate increase. Didn’t I tell you to stay away from experts … Continue reading

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World Markets Today: Here comes the Fed Day

Dec 17, 2013, 10:28 PM EST I wanted to be the moron of the family, because morons seemed to have more fun, more freedom and more personality. –         Alice Sebold I don’t know about you but I succeeded in my … Continue reading

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