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For all the talk about how the Federal Reserve was going to bore markets into submission with endless talk about tapering, it’s noteworthy that the S&P 500 SPX, -1.07% suffered its worst decline in a month on Wednesday. There wasn’t really anything shocking or surprising in the minutes from the Fed’s July meeting that was released on Wednesday, but the message is clear enough: The bond buying is going to stop, barring an economic catastrophe.
...read full article on Market Watch
