أشرف العايدي على سي ان بي سي العربية -- 23 يوليو2013
Jul 23, 2013 16:42
Traders must also bear in mind that the tapering of purchases is a mere "cooling" in the pace of easing, rather than tightening. After all, asset purchases remain a form of easing, or money supply expansion, which has swelled up the Fed balance sheet to a record $3.5 trillion. There is a vast gulf of market movements and expectations between easing, neutral and tightening. We remain well in the midst of policy easing.
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I said in yesterday's newsletter that another delay by the Supreme Court on tariffs may be negative for stocks. But if the USSC continues to delay the ruling, it may mean either of two things: 1) they need more time to draft their finding and issue a ruling, which raises the chanes of ruling against the tariffs; 2) they continue to delay until the issue leaves market attention. Either way, gold remains boosted and silver will break above $100video here.
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