Fed finger on the taper trigger

August's jobs print is the only new consideration between now and mid-September as the Fed makes its next decision on quantitative easing. And investors are getting nervous.

The growing use of the word ‘tapering’ in economic circles is the reason stocks and bonds reacted the way they have overnight.

On Wall Street, the S&P 500 index fell almost 1.5 per cent as investors fretted that the word is about to become more than just talk, while the 10-year US bond rose around 7 basis points.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles