The whole world is hinging on the Fed taper. It’s causing (or is being used as the cause of) moves and flows across the globe. If you want to make sense of the market at the moment, good luck because all the market is focused on is the taper.
Here’s an example of what we see every minute of every day.
Someone say Taper?
Global dildo sales down? Cat got run over? Must be Fed tapering.
Here’s an idea of how Bloomberg stories containing the word taper has ramped up.
Don’t say the “T” word, they’re listening.
Taper taper taper. Everyone’s gone taper mad and they’re bloody welcome to it