Sep 17, 2013

How Can The Fed Taper Now?

"New mortgages & refinancing applications are falling off the cliff as taper talk led to mortgage yields surge. How can the Fed taper now?" - in Twitter

Related ETFs: Financial Select Sector SPDR ETF (XLF), SPDR SP 500 ETF (SPY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.