IT’S done. The markets swallowed it hook, line and sinker – it’s just a matter of time to let the “food” fight it out inside.
I refer to the morsel fed by Fed chairman Ben Bernanke on May 22 when he told US Congress: “If we see continued improvement and we have confidence that is going to be sustained, then we could at the next few meetings take a step down in our pace of purchases.”
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