Ben Bernanke, chief of US Federal Reserves said that there is no tapering of Quantitative Easing as the Federal Reserves will continue to purchase US$85 billion bonds per month. The statement from Ben Bernanke came at a meeting very closely watched by the world investing community as it is widely thought that the tapering of the Quantitative Easing will be announced at this US FOMC meeting. However, it was also reported that the Federal Reserves will not rule out considering the tapering at its next meeting.
I am surprised that no tapering of the Quantitative Easing is announced in the meeting. I believe investors now will be focusing on the US debt ceiling debate and the possible strike against Syria. Germany election may or may not be a force shaping the global stock markets depending on the results. I believe stock markets will turn quite bullish after no tapering of ......
