Today was supposed to be the day the Federal Reserve decided to start tapering off QE3. “D-Day,” that bastion of understatement CNBC was calling it. As it turned out,… Read more

Breathe a sigh of relief, investors: There will be no Fed tapering anytime soon. Ben Bernanke assured QE3 will live on until 2014.

Investors are holding their collective breath to see what Ben Bernanke will say tomorrow. History tells us there's a reason to fear possible Fed tapering.