One has to pay attention to the weak economic performance. There is a decent chance that the economy will continue to be soft and will expose the likelihood that the Fed will reverse thrust on tapering and ramp it up once again. I don’t think that is priced in the market at all but I wouldn’t rule it out.
If you look at the economic releases, they are very weak. The Wall Street Journal focused today on the weak job creation. If you look at the number of jobs that haven’t been created based on hours worked, we’ve had a net loss of jobs over the last 12 months.”
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/3/17_This_Event_Is_Going_To_Shock_People_Around_The_World.html
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