Central banks and the markets: The long goodbye | The Economist: "It looks as if we are headed for a period in which good news on the economy is bad news for the markets. When unemployment falls (ordinary folks have jobs!), equity markets will tumble because the end of QE is growing nearer."
.....
The old saying is that the best way to make God laugh is to tell him your plans. We might get to tapering but your blogger doubts whether the end of QE is coming as soon as the markets fear. The US economy may not look that bad but things are slowing in the emerging world; China recorded a weaker-than-expected PMI today while there seems to be a credit
'via Blog this'
