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10.28.2014 Fed Day... Bookmark

Today starts the Fed's two day meeting concerning monetary policy. We all know QE will be officially put to bed, and the market seems okay with that. But why? Everyone knows it was the QE that has allowed stocks to gain the incredible heights they've made. Why wouldn't they be in a panic about it ending?  Well one is that they know we don't need the Fed's buying bonds to keep rates low, banks are buying bonds so they have collateral to make derivative bets

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