Salient to Investors:
Bill Luby at Luby Asset Mgmt said people are back to pricing in no big surprises until the beginning of 2014.
The median economist expects the Fed to wait until March to taper.
Eric Augustyn at Wells Fargo Private Bank said tapering will be very gradual and phased out slowly and is un likely to create excess volatility in the market.
Omar Aguilar at Charles Schwab Investment Mgmt said the more we talk about tapering, the more volatility will increase – market volatility is tied to tapering for the next few months.
Read the full article at http://www.bloomberg.com/news/2013-12-06/vix-avoids-longest-streak-of-increases-after-jobs-data.html
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