The about chart clearly depicts the reason why Wall Street hates the Fed's tapering policy, which is a policy of currently buying $65 billion of Mortgage Back Securities and U.S. Treasury Securities down from $85 billion. In other words, Wall Street's perception is that tapering by the Fed is in reality a tightening position by it. Also, the chart clearly demonstrates a rather close relationship between the growth of "Federal Reserve Assets," a cause, and the performance of the "S&P 500," an effect!
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