Markets Close at Records as Fed Lays Out Taper Timeline
CNBC's "Fast Money"
00:00
What Happened With the Fed This Week?
Powell looked for every reason not even to be tapering, running at odds with six other fed presidents who came inandas steve interviewed all day. And if you look at what out performed this week, it wasn't necessarily stocks that were beneficiaries of a lot of liquidity. So i would argue high multiple stocks and stocks that that might benefit in a slower growth environment where the feds more active.
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