
“No one need think that the world can be ruled without blood. The civil sword shall and must be red and bloody’.
Martin Luther
The Federal Reserve is up to bat again today. And it seems the bets on tapering are rising with each passing moment.
Let’s just say I’d be surprised if they announce tapering today. I have several reasons why, but let’s just say the worrisome state of things in Italy is on the Fed’s radar screen …