The stock market had all eyes on the Federal Reserve in 2013, speculating when its quantitative easing program—involving as much as $85 billion a month—would lessen or “taper.” The Fed gave hints that this would happen in the fall, and many analysts pinned this to September. “Septaper” (September + taper) became a popular term, but the Fed would not taper in the month of September.
“Octoper” (October + taper) was cited on Twitter on August 7, 2013.
“>17,000 Google search results for Septaper”
The clue is Septaper/Octaper-no other months work
7:20 AM - 7 Aug 13
#fed #markets #banks This article from may prove accurate in predicting “OCTAPER” as the start of QE reductions
6:35 PM - 20 Aug 13 from Ottawa, Ontario
The Wall Street Journal
September 18, 2013, 11:35 AM
Why Fed Hates the Word ‘Taper’
By Nell Henderson
Will we get a “Septaper” today? Or will the Federal Reserve wait and deliver an “Octaper” next month?
Fed, Debt Ceiling & How the West Was Lost in the Middle East
Brad Hoppmann | September 19, 2013
The Federal Open Market Committee has two more meetings this year: Oct. 29-30 and Dec. 17-18. They can also convene via teleconference anytime they wish, but that’s unlikely unless some dire emergency develops.
We could have a Halloween Oct-Taper, a Santa Claus Taper or no taper at all. Some analysts think Bernanke wants to begin the new course before his term ends in January. That’s possible — but he is still only one vote.
Dr Ausberto Torres
@reinman_mt @aussietorres: “: Octaper
6:46 AM - 20 Sep 13
Market Unhappy After Bullard Suggests Possible Octaper
Submitted by Tyler Durden on 09/20/2013 08:25 - 0400
It seems just as a plethora of Fed heads had to walk back Bernanke’s last press conference hawkishness, that the uber-dovishness interpreted by the market from Wednesday’s FOMC is now being tapered back. Speaking on Bloomberg TV, Fed’s Bullard warns an October Taper is on the cards:
*BULLARD SAYS ECONOMY ISN’T THAT FRAGILE
*BULLARD SAYS $10 BILLION TAPER VERSUS NO TAPER NOT `BIG THING’
*BULLARD SAYS NO TAPER, SMALL TAPER WAS A `BORDERLINE’ CALL
GOLD & SILVER WATERFALL SMASH IN PROGRESS AS FED’S BULLARD THREATENS OCT TAPER
SEPTEMBER 20, 2013 BY THE DOC
The cartel are currently attempting to erase the entirety of gold and silver’s no taper surges Wednesday, as both metals have just been shoved down the proverbial mine shaft.
New York City • Banking/Finance/Insurance • Sunday, September 22, 2013 • Permalink