Sydney Morning Herald |
What happens to stocks when a Fed chief exits?
USA TODAY But stocks are already beginning to slump as investors anticipate a change in Fed leadership and the start of the central bank's tapering of its bond-buying program, which is credited with rallying the market in recent years. FED MINUTES: Easy money … Stocks in Emerging Markets Take Brunt of Fed Fears US stocks erase early losses; Fed change 'not yet appropriate' Most European stocks climb before Fed minutes |