Are the Markets Going to Have a Rough Go of It?

We agree tapering can be a non event in the short intermediate term, if you're looking at the stock market. Mandy shoe naden: The only one i would add is the us Dollar. You could actually short that or by put protection on it, and probably make a little bit more asymmetric money on it. If cyclical banks do well, i would imagine it's because rates are going higher. All the banks are important, they're not nearly as big enough to support the broader market.