Sunday, September 29, 2013

Tapering: The Consensus Got It Wrong

"As The Economist put it the Fed is a Taper Tiger. But the consensus got wrong the "silence of the doves": they were fully data dependent." - in Twitter

Related ETFs: SPDR SP 500 ETF (NYSE:SPY), SPDR Gold Trust ETF (GLD), iShares MSCI Emerging Markets (ETF) (EEM)


Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.