CNBC's "Fast Money" cover image

Ready, Set, Taper?

CNBC's "Fast Money"

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What's the Marked Reaction to the Fed?

Karen, how do you interpret the marked reaction to all this then? I mean, if we should be concerned about a fed that will have to increase rates at a faster pace an what any of us are anticipating. What do you do? Because we saw the markets go higher to day, is that the right answer? I'm not sure. i was actually thinking that the nejerk reaction would be down. You know, i've often thought of this old scenario as the market has the fed hostage, or the other way round, like in a bank,. And so i think they, they've been doing the right thing so far. So am.

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