Kenneth Rapoza writes that the market has prepared for the Fed tapering but not for Syria.
Roza interviewed Manning & Napier's
] managing director Marc Tommasi
, who was quoted as saying, "The market has Fed tapering priced in and barring any foreseen circumstances, when the Fed does ease up on its assets purchases there should be very little impact on the markets."
On Syria, Vlad Signorelli, head of global research at Brettonwoods Research
was quoted as saying by Rapoza, "As long as we stay on the diplomatic path, the dollar should strengthen. But I think the Syria crisis is settling down…I would be short oil at this point."
According to a Barclays survey, 20 percent of the 800 global investors surveyed said the market is not ready for a worsening civil war, especially if it led to military intervention, Signorelli writes.
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