Taper no grounds for tantrum to stock bulls wielding $28 billion

Research from UBS Group AG says that should the Federal Reserve turn off the spigot on its annual $1.4 trillion in quantitative-easing spending, the hit to the S&P 500 Index would be a 3% decline in prices. Thats a relatively paltry headwind for companies whose combined earnings growth analysts put at roughly 10% in each of the next two years.

via Economictimes