Will the Fed Keep the Markets Rising in Perpetuality?

The Fed has announced that it's going to taper its stimulative programme of bond buying. Will the impact on the economy be highly negative? Will the markets revolt again? And will a market correction convince the fed to go back to a low interest rate regime? For me, the expectation thefed can keep the economy and the markets rising without interruption is too good to be true. i continue to believe the economy will perform best in the long run if it's a free market economy which does the best job of moving resources to their optimal use. As richard masson, my oak tree co founder, wrote in two thousand eight, creative destruction and a functioning market economy assure change.