FED No Change: Market Down 1% as Less Monetary Accommodation Likely in Future

http://ourdentalplan.com/?iapolo_com Downside Risk to Economy Diminished So Less “Extreme Monetary Policy” In the Future?

is it legal to buy accutane online Market Stable with downward bias :S&P flat to down 18 pts- 10 mg Deltasone 10 Year Bond Yield At 2.28% up 3.9%

FED Is Optimistic  about the economy: housing, consumer sentiment, financial backdrop but with fiscal drag. Bond purchases are tied to the economy.

The FED will continue to buy bonds at the $85M monthly pace so scaling back on money printing unlikely. The FED sees the jobless rate falling as low as 6.5% by the end of 2014.

Bond mavens such as Bill Gross and Jeff Gundlach see “tapering” as a slow process so 10 Year TSY likely to stay in range above 2% and below 2.5% and are bullish in short term for long term treasuries.


Rayno Life Science Portfolios 

  • Maintain caution and raise cash positions.
  • No Change in Portfolios.Stocks are weak today.
  • Winners with 1 hour trading to go: ACHN, EXAS, QGEN, SQNM
  • Significant 1%+ losers: ALKS, AMRI, BIIB, HOLX, PCYC,REGN
  • IBB at 174



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