"The FOMC appears to have 'tweaked' its message to fit with Bernanke's confusing commentary and confirms that 'tapering is not tightening'.
FED REPEATS RATES 'EXCEPTIONALLY LOW' UNTIL JOBLESS AT 6.5%
---QE was just unhinged from unemployment meaning Non-Farm Payrolls will be much less significant to the stock market. Employment is now firmly tied to low rates, THIS WAS BERNIE'S "PLAUSIBLE DENIABILITY" DURING THAT HORRENDOUSLY CONFUSING MESSAGE THAT THE MARKET CXHOSE TO GET WRONG.
" It seems preferable to pretend the economy is strong enough to withstand less-easing (tightening) than admit the Fed is cornered."
EXACTLY WHAT I'VE BEEN SENSING SINCE SEPTEMBER 13TH AND ARGUING FOR SINCE.
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