Stock Market Survives a Taper Tantrum. What Comes Next.

Text size Traders at the New York Stock Exchange on June 20, 2013. Spencer Platt/Getty Images To paraphrase Blue Öyster Cult, “Don’t fear the taper.” Tapering, the term used to describe the winding down of the Federal Reserve’s bond purchases, was the big topic of conversation this past week—even though we all knew that quantitative


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