{"id":109128,"date":"2021-10-28T21:04:02","date_gmt":"2021-10-29T01:04:02","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=109128"},"modified":"2023-01-20T15:43:46","modified_gmt":"2023-01-20T20:43:46","slug":"does-the-market-really-think-the-fed-will-delay-tapering","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/","title":{"rendered":"Does The Market Really Think The Fed Will Delay Tapering?"},"content":{"rendered":"\n<p>Stocks \u2013 AMZN, AAPL, MU<\/p>\n\n\n\n<p>Macro \u2013 SPY, DXY<\/p>\n\n\n\n<p><em><strong>MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN AAPL<\/strong><\/em><em><strong>MICHAEL KRAMER OWNS SPY PUTS<\/strong><\/em><\/p>\n\n\n\n<p>Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third quarter versus expectations of 2.7%. Meanwhile, the ECB left monetary policy unchanged and pushed back against the market\u2019s view of the ECB hiking rates in 2022.<\/p>\n\n\n\n<p>All of that news hitting at the same time made it even harder to figure out what the market was doing. But watching the FX market closely today, it became clear that the dollar was weakening against every currency, not just the euro, which ruled out the idea that the weaker dollar was due to the ECB. Meanwhile, yields fell most of the morning and finally started to rebound by day\u2019s end.<\/p>\n\n\n\n<p>The price action left me thinking that the market now believes the weak GDP print will hold off the Fed taper. I believe that is highly unlikely. Powell himself, on October 22, said that he now thinks it is the time to taper, but not the time to raise rates. He said that on October 22, you could watch the video and go to the 17:40 mark to watch him say. When he said that just last week, I\u2019m sure he was fully aware of how much the US economy slowed.<\/p>\n\n\n\n<p>Besides, the Fed has a dual mandate for price stability and full employment, not GDP growth. So does the economy warrant low rates, sure. Does it require QE at this point? Probably not, certainly not at the current pace. So if the market thinks that the Fed is not going to taper, I think it will be upset next Wednesday.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-s-p-500-spy\">S&amp;P 500 (SPY)<\/h2>\n\n\n\n<p>The S&amp;P 500 managed to rise back to yesterday\u2019s highs. Today\u2019s move looked like an awful lot like a Wave 2, with a 100% retracement of wave 1. If so, tomorrow is likely to be a lower day and the start of Wave 3 down.<\/p>\n\n\n\n<p>If not, then there is a potential inverse head and shoulder pattern forming too, which would mean much higher prices. But until proven otherwise I will stick with the wave 2 view.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"759\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20-1100x759.png\" alt=\"S&amp;P 500\" class=\"wp-image-109130 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20-1100x759.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20-700x483.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20-300x207.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20-768x530.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/759;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Dollar<\/h2>\n\n\n\n<p>The dollar fell sharply today, but managed to hold the trend line. I thought it was clear as day that GDP would be a colossal disappointment, but it appears to have not been \u201cpriced in.\u201d For now, the trends are holding. After the market digests this, I feel that the dollar will reverse and start moving higher again. My view of a higher dollar is unchanged.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"759\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-Dollar-1100x759.png\" alt=\"Dollar\" class=\"wp-image-109131 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-Dollar-1100x759.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-Dollar-700x483.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-Dollar-300x207.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-Dollar-768x530.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-Dollar.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/759;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Amazon (AMZN)<\/h2>\n\n\n\n<p>Amazon had pretty bad results and gave disappointing guidance. From the little bit I have read so far, it sounds like slower revenue growth and higher cost. That is a bad combination. After hours, the stock is trading down 4%, and I\u2019m surprised that it is not down more. The stock has support at $3,300, but I would be surprised if that holds, and I think the first real test will come at $3,200.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"727\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-Amazon-1100x727.png\" alt=\"Amazon\" class=\"wp-image-109132 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-Amazon-1100x727.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-Amazon-700x462.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-Amazon-300x198.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-Amazon-768x507.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-Amazon.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/727;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Apple (AAPL)<\/h2>\n\n\n\n<p>Apple is also down around 4% after hours, with revenue missing estimates and the company, noting that supply chain constraints will worsen next quarter. I have been looking for this stock to fall to the low $130s for some time. After these results, it should be on its way there now.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"727\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/Apple-1100x727.png\" alt=\"Apple\" class=\"wp-image-109133 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/Apple-1100x727.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/Apple-700x462.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/Apple-300x198.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/Apple-768x507.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/Apple.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/727;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Micron (MU)<\/h2>\n\n\n\n<p>Micron is falling 2% tonight after Western Digital\u2019s results sent the shares plunging by 10%. On top of that, Digitimes is reporting that DRAM prices are still falling. It looks like a bear flag on the chart, and if so, it would be a perfect setup for that drop to $58 I have been eyeing for some time.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/5-Micron-6-1100x544.png\" alt=\"Micron\" class=\"wp-image-109135 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/544;\" \/><\/figure>\n\n\n\n<p>Anyway, we will see what happens tomorrow.<\/p>\n\n\n\n<p>Originally Posted on October 28, 2021&nbsp;\u2013 <a href=\"https:\/\/mottcapitalmanagement.com\/does-the-market-really-think-the-fed-will-delay-tapering\/\">Does The Market Really Think The Fed Will Delay Tapering?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third quarter versus expectations of 2.7%.<\/p>\n","protected":false},"author":17,"featured_media":109130,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,6,8,9,22,26,3],"tags":[155,149,1779,265,262],"contributors-categories":[13718],"class_list":{"0":"post-109128","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forex","8":"category-north-america","9":"category-region","10":"category-securities","11":"category-stocks","12":"category-text-articles","13":"category-traders-insight","14":"tag-aapl","15":"tag-amzn","16":"tag-dxy","17":"tag-micron","18":"tag-spy","19":"contributors-categories-mott-capital-management"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Does The Market Really Think The Fed Will Delay Tapering?<\/title>\n<meta name=\"description\" content=\"Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/109128\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Does The Market Really Think The Fed Will Delay Tapering? | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third quarter versus expectations of 2.7%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-29T01:04:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-20T20:43:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"911\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Kramer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael Kramer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Michael Kramer\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/b90904d07d8033e04171f125f6bc11f9\"\n\t            },\n\t            \"headline\": \"Does The Market Really Think The Fed Will Delay Tapering?\",\n\t            \"datePublished\": \"2021-10-29T01:04:02+00:00\",\n\t            \"dateModified\": \"2023-01-20T20:43:46+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/\"\n\t            },\n\t            \"wordCount\": 655,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/1-SP-500-20.png\",\n\t            \"keywords\": [\n\t                \"AAPL\",\n\t                \"AMZN\",\n\t                \"DXY\",\n\t                \"micron\",\n\t                \"SPY\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Forex\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/\",\n\t            \"name\": \"Does The Market Really Think The Fed Will Delay Tapering? | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/1-SP-500-20.png\",\n\t            \"datePublished\": \"2021-10-29T01:04:02+00:00\",\n\t            \"dateModified\": \"2023-01-20T20:43:46+00:00\",\n\t            \"description\": \"Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third quarter versus expectations of 2.7%.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/does-the-market-really-think-the-fed-will-delay-tapering\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/1-SP-500-20.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/1-SP-500-20.png\",\n\t            \"width\": 1320,\n\t            \"height\": 911,\n\t            \"caption\": \"S&P 500\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/b90904d07d8033e04171f125f6bc11f9\",\n\t            \"name\": \"Michael Kramer\",\n\t            \"description\": \"Michael Kramer manages the Thematic Growth portfolio offered by Interactive Advisors, an online investing marketplace and a division of Interactive Brokers Group. He is also CEO of Mott Capital Management, a registered investment advisor.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/michael-kramer\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Does The Market Really Think The Fed Will Delay Tapering?","description":"Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/109128\/","og_locale":"en_US","og_type":"article","og_title":"Does The Market Really Think The Fed Will Delay Tapering? | IBKR Campus US","og_description":"Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third quarter versus expectations of 2.7%.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/","og_site_name":"IBKR Campus US","article_published_time":"2021-10-29T01:04:02+00:00","article_modified_time":"2023-01-20T20:43:46+00:00","og_image":[{"width":1320,"height":911,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png","type":"image\/png"}],"author":"Michael Kramer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Michael Kramer","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/"},"author":{"name":"Michael Kramer","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/b90904d07d8033e04171f125f6bc11f9"},"headline":"Does The Market Really Think The Fed Will Delay Tapering?","datePublished":"2021-10-29T01:04:02+00:00","dateModified":"2023-01-20T20:43:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/"},"wordCount":655,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png","keywords":["AAPL","AMZN","DXY","micron","SPY"],"articleSection":["Forex","North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/","name":"Does The Market Really Think The Fed Will Delay Tapering? | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png","datePublished":"2021-10-29T01:04:02+00:00","dateModified":"2023-01-20T20:43:46+00:00","description":"Stocks finished the day higher after another strange day, which was baffling from several metrics. The GDP print showed just 2% growth for the third quarter versus expectations of 2.7%.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/does-the-market-really-think-the-fed-will-delay-tapering\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png","width":1320,"height":911,"caption":"S&P 500"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/b90904d07d8033e04171f125f6bc11f9","name":"Michael Kramer","description":"Michael Kramer manages the Thematic Growth portfolio offered by Interactive Advisors, an online investing marketplace and a division of Interactive Brokers Group. He is also CEO of Mott Capital Management, a registered investment advisor.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/michael-kramer\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-20.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/109128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=109128"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/109128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/109130"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=109128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=109128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=109128"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=109128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}