Tapering and Interest Rates After hinting that the Federal Reserve might begin tapering its Mortgage Backed and Treasury Bond purchases later this year in May, the markets spooked and panicked following the June Federal Reserve’s Open Market Committee Meeting after which Fed Chairman Ben Bernanke indicated that if certain economic conditions were met, the Fed […]
Posts under ‘Quarterly Client Letter’
Is the economic recovery transitioning to one that is self-sustaining or as government stimulus is withdrawn, will the recession rear its ugly head yet again? There is a great deal of debate in the media on the subject of double dip recessions, how rare they are etc., etc. Technically this argument is moot as the NBER have yet to date the end of the current recession.