The FED Could Give Up Tapering

“Basically, what they are usually saying is that everything is data dependent. In other words, since October 2011, we have not had a significant correction in the market. The largest corrections were those of less than 11% and actually, over the last three to four months, we have gone up very strongly. Now if the data deteriorates and if the stock market declines by 20% over a given period of time, I think the US Fed would actually increase asset purchases and actually give up the tapering that they propose.”

- Marc Faber, Author of the Gloom Boom and Doom Report