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More Gundlach (previous): He expects the Fed to begin "tapering" soon, accompanied by some sort...

More Gundlach (previous): He expects the Fed to begin "tapering" soon, accompanied by some sort of made up statement about an improving employment situation. What's really going on, he says, is a reduced federal budget deficit meaning the Fed doesn't need to buy so much paper. They're trying to "rightsize" purchases.
Comments (1)
  • sounds like a measured "tax harvest" to me. rightsizing fed policy with deficits, possibly a pre-interview to next Fed Chairman (Chairwoman). I'm sure the interviews are intense.
    4 Jun 2013, 11:45 PM Reply Like
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