More Tapering Talk

Check out the accompanying pdf and chart collection. (1) How many is “a number” of participants? (2) Tapering sooner rather than later? (3) Two hawks and three doves. (4) More states are cutting jobless benefits. (5) Plenty of job openings. (6) Camps and schools are reopening. (7) Will Powell pivot again? (8) Fed’s word games. (9) Bond market conundrum 2.0. (10) Few signs of tapering tantrum in the bond market or in stock market forward P/Es. (11) Valuation multiples down for Mag-5 and overseas stocks.