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Could anybody with insight and opinions on the Fed's tapering help me please?
I'm going round in circles with it.

The Federal Reserve is finally going to start tapering. My understanding is that this will help reduce inflation (less money entering circulation) and will therefore reduce prices and encourage spending, meaning value Cyclicals are a pretty good bet at the moment?

However, by reducing its bond purchases, banks will lose that source of revenue and will need to make it up elsewhere, such as increasing their own interest rates to consumers therefore leaving them with less money to spend.

My over-arching 'feel' is that this will benefit consumers and they will therefore spend more. So I've found a few consumer-oriented businesses with good technicals that meet my trading rules: $WGO, $CHWY, $WOOF, $RDFN, and $MNST (though earnings proximity scares me).

I appreciate I have massively over-simplified the effects of quantitive easing here but is the jist of it correct or am I massively off the mark?

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