The Federal Reserve on Tuesday said it would begin funneling proceeds from its maturing mortgage bonds into longer-term government debt in an effort to support a sputtering economic recovery.
Just 2 months ago there was talk of how they would begin taking away stim and begin normalizing positions......
Obama "economy is strengthening minute by minute"
Decide if good or bad, more FED medicine....when some $2TRILLION etc etc didn't do job....they got our back, now take knife out...
Market will go thru several headfakes, but admitting how sour things are, when telling us constatly how they are improving....no CRED IMHO
D
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