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4 Things You Need to Know About the Fed's Taper

1 11 28
31.08.2021

Today's article features the SPY and reveals the "4 Things You Need to Know About the Fed's Taper." Read on for all the details.

To say the market is having a good year would be an understatement.

As I write this on August 30th, the S&P 500 is poised for its 52nd record high of the year, putting it on track to possibly overtake 1995's all-time record of 77 record highs that year.

The financial media is giving credit to Fed Chairman Jerome Powell's very well received Jackson Hole speech in which he discussed the Fed's plans for the taper.

Here are the three things you need to know about the Fed's taper plans and how you can not only protect your portfolio in the coming 18 months but keep profiting from one of the greatest bull markets in history.

The main reason the market appears to be so bullish on Powell's speech is that he didn't give a firm timetable for the start of the taper.

"It would continue to be my view that when we get to the September meeting, we would be well served to announce a plan for adjusting purchases and begin to execute that plan in October or shortly thereafter.” – Robert Kaplan, CNBC

“We did say that we would allow inflation to run above target for some time, but not this much above target. So for that reason, I think we want to get going on tapering and get it finished by the end of the first quarter next year.”........

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