Salient to Investors:

Craig Erlam at Alpari says if the markets believes Bernanke indication the Fed will scale back in three months then we could see a bigger sell-off, but if they believe this is just a threat with no follow through expected for six months then this is a buying opportunity.

Chinese growth falling to the 7.5% area is the bigger concern than end of QE for traders because China is the engine pulling the global economy out of the recession and there is nothing else to push the rally higher.

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