Ben Tapers, Tinkers & Leaves

by Ashraf Laidi

Dec 19, 2013 13:22

The Federal has successfully integrated the "price stability" component of its dual forward guidance into traders' psyche by further delinking tapering of asset purchases from tightening conditions in the bond market. Unemployment was Fed's Priority in 2013. Inflation will be Fed's Priority in 2014. Charting Gold vs Yields

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Ben Tapers, Tinkers & Leaves - Gold Yield Dec 19 (Chart 1)

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