SPDR S&P 500 (SPY): FED to start tapering by 15 Billion / mo...

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Wednesday, 11/03/2021 2:08:13 PM

Wednesday, November 03, 2021 2:08:13 PM

FED to start tapering by 15 Billion / month. The covid related asset purchase program to end by June of 2022. According to their statement.

That means they will still add 420 billion to their books by mid june. That is about half a trillion. Things will start getting shaky when they start off loading their purchases. Something that will never happen.

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