FATT - What Would Happen If The Fed Tapers?

• If the Federal Reserve’s recent intervention in both the stock and the bond markets is more extreme than Ben Bernanke’s, doesn’t that mean the reaction to any future tapering would be more extreme, too?
• It sure could be, given the subdued volatility we have seen in financial markets because of the extreme nature of the present round of quantitative easing globally.
• The month of May was intriguing, as bitcoin formed a rather powerful head and shoulders top, and broke the neckline, as traders like to say, while gold bullion has been remarkably firm.

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