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Waiting for Fed’s taper to start? You may have missed it

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Lately, any announcement from the Fed has been a trigger for knee-jerk reactions by investors and market flux. Investors started to really get anxious back in May when Fed Chairman Ben Bernanke raised the prospect of tapering — not stopping — its quantitative easing efforts. It was therefore assumed an announcement to begin tapering would throw everyone into a tizzy, but it turns out that all of the reactions to the taper headlines up to now have eased investors to the point that they are no longer spooked by it.