Markets could be challenged in the week ahead as the Fed prepares to reverse easy policy

CNBC/Patti Domm/10-29-2021

graphic image of heads-up sign“The Federal Reserve is expected to take its first major step away from the easy policy it put in place to fight the pandemic, a milestone on the road back toward normal.”

USAGOLD note: Unless you’ve been living in a cave, the Fed announcing a taper will not come as a surprise. Nevertheless, even though there has been some consequent reshuffling of the deck on Wall Street, it is our distinct impression that we have yet to see the full reaction. We will know more of the Fed’s plans by late Wednesday.

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