Larry Fink, CEO of Blackrock, the worlds largest fund manager says the Fed's delay on tapering is now creating bubbles in various markets. We've seen real bubble-like markets again. We've had a huge increase in the equity market. We've seen corporate-debt spreads narrow dramatically, It's imperative that the Fed begins to taper. Policy makers will probably delay slowing the stimulus until March, according to a Bloomberg survey of economists conducted Oct. 17-18. (VIEW LINK)
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