Stocks Are Sliding After The Fed Decision

The Federal Reserve just announced a taper of another $US10 billion.

Markets were slow to react to the news. Bonds changed little at first but then ripped, the S&P was down 20 points, but the Dow was down as much as 220 before popping back.

This is not far from where they were before the announcement.

Gold is down $US8 an ounce and the dollar is spiking.

Nothing too dramatic, but stocks moved lower.

Check out our full breakdown here »

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