CNBC Mad Money December 18, 2013
The market plummeting instantly and the fed slowed down the bond buying . Some of the allegedly intelligent people have been yelling this from the rooftops for years and ive accepted it as conventional wisdom. Why did stocks rally beautifully on the news . That the fed is starting to cut back on all of that bond buying. The dow soaring, and the nasdaq jumping 1. 15 , simple. The fed knew what it was doing. Because ben bernanke knows what hes doing. Because in this case, the one rare case we are a part of the government than the people who trade stocks and bonds for a living. We might have to e...