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"taper" Definitions
  1. a long, thin piece of wood, paper, etc. that is used for lighting fires or lamps
  2. a long, thin candle
  3. [usually singular] the way that something gradually decreases in size, becoming thinner
"taper" Synonyms
narrow thin attenuate become narrower become thin thin out become narrow become thinner thin down come to a point constrict fine straiten make thinner make thin diminish decrease lessen abate dwindle wane moderate lower ease decline ebb shrink subside fall recede reduce relent remit pall weaken contract choke compact compress condense cramp restrict strangle circumscribe clench collapse confine constringe focus point sharpen barb edge whet cut file forge grind hone put an edge on acuminate strop stone make sharp dress stroke sharp make acute make sharper candle spill bougie wick glim dip rushlight flame light match torch night light wax light wax candle sconce flambeau nightlight rush cierge tallow candle narrowing dwindling thinning down quoin wedge wodge block chunk piece section slab slice sliver spire triangle prong shim segment lump hunk chock cusp cleat fade fade cut low fade high-top fade taper fade buzz fade firebrand brand flare cresset lantern link flaming stick ribbon strip band slip stripe binding tape list braid banderole filet(US) fillet(UK) bandeau bow cordon decoration length streamer stretch tie tapering pointed tapered conic conical lanceolate pyramidal wedged acuminous fusiform lanceolar pointy conoid acicular mucronate cone-shaped edged spired tight close limited restricted confined cramped confining constricted congested meagre(UK) squeezed choked circumscribed compressed incapacious pinched scanty small lamp light source bulb spotlight beacon bedside lamp desk lamp flashlight floodlight floor lamp gaslight headlamp headlight illuminant sidelight standard lamp More

795 Sentences With "taper"

How to use taper in a sentence? Find typical usage patterns (collocations)/phrases/context for "taper" and check conjugation/comparative form for "taper". Mastering all the usages of "taper" from sentence examples published by news publications.

Seen so far: cautious taper, dovish taper, quasi-taper and technical taper.
BC: We'll be able to taper when we have to taper.
And perhaps the clearest yet: a taper that's not a taper.
The strong winds will taper off Strong winds are expected to peak overnight and begin to taper off by Thursday, PG&E meteorologist Scott Strenfel said.
That led to the 'taper tantrum' when investors took fright at the prospect that the ultra-cheap dollar funding they had grown used to would taper away.
Mr Draghi's ECB is not alone in its taper caution.
Interestingly, their searches started to taper off around 2 p.m.
The "taper tantrum" of 2013 lent support to this fear.
They've given us a quicker taper of the quantitative tightening.
Revtown jeans come in three fits — Sharp, Taper, and Automatic.
Last month, the brand introduced its slimmest fit, the Taper.
Some are feathery, some are choppy, some taper, others bend.
Melodies glide and taper, textures rise and shudder and dissipate.
Obsessive thoughts about life and about the end of taper.
Remember the "taper tantrum", when investors feared less aggressive Fed easing?
Lowering the taper rate to 55% would cost about the same.
Emerging markets in particular have painful memories of the taper tantrum.
At incomes above $60,000, fast-food patronage begins to taper off.
Gordon Davidson (22016–2016), artistic director of the Mark Taper Forum.
Shortly before he took over in 2013 the "taper tantrum" struck.
"I think a September taper has become very consensus," said Lyngen.
In fact, medication taper coupled with psychotherapy represents the best strategy.
Social distancing is a treatment we'd need to gently taper off.
The coronavirus could become a pandemic; it could also taper off.
But after those two years, the funding starts to taper off.
Once the kids start high school, the aggression tends to taper off.
Look closely at its profile and you can see a slight taper.
By the late aughts, however, the trend began to taper, Skov says.
Moody's added that declines in department store chains would taper in 2019.
Mario Draghi will most likely not go anywhere near the "taper" word.
They should do so, setting a ceiling with a progressive annual taper.
Online taper hubs and torrent trackers like The Traders' Den and dimeadozen.
There are, thankfully, calculated measures to take to curb the taper jitters.
Few better times will appear than the present to taper forward guidance.
The general procedure, by all accounts, appears to be a forced taper.
Mr. Davidson took on the Taper assignment with determination and lofty goals.
In recent days, deaths from the disease have started to taper off.
The rocket fire and the airstrikes appeared to taper off after that.
The rain began to taper off Friday evening from its midday peak.
If this doesn't taper out soon, someone is fully going to die.
"We could be kind of at a taper tantrum point," Tipp added.
Confidence: Medium Monday showers taper off fairly quickly, perhaps even by daybreak.
Many, if not most, will want to at least try to taper.
His solution is a sort of non-taper taper: a slower pace of purchases with the option to step them up if necessary, so that high-debt countries, such as Italy, can still borrow at tolerable interest rates.
Pandl noted that following the taper tantrum in 2013, when markets convulsed after the Fed first broached the idea that it would taper its bond purchases, policy makers were likely to move carefully on adjusting the balance sheet.
The ECB will taper its 26 billion euros-a-month QE program, right?
This "taper tantrum" blew over in a few months, but it had repercussions.
You can taper off regular check-ins after you've established some good habits.
By 2013 to 2014, however, China's coal consumption was starting to taper off.
The Fed did eventually taper and performed one interest rate hike last year.
As such, I believe it is too early for the ECB to taper.
Here's what to do when taper madness starts to creep into your life.
It doesn't taper off, either, which usually adds to the illusion of thinness.
Growth isn't likely to taper significantly for these businesses for a long time.
What's more, there's no evidence that the ocean's oxygen loss will taper off.
Dr. Taylor had previously written about his own struggles trying to taper off.
He began laying the foundation on Thursday for plans to "taper" the stimulus.
Chris Coons said the solution is to taper your approach to your audience.
The precipitation should taper off and end during the first half of Sunday.
The collector, Louise Taper, has had a passion for Lincoln since the 1970s.
The rain will taper off overnight, and the sun may peek out tomorrow.
In fact, the watch bands taper downward specifically to avoid wider-than-necessary dimensions.
That process will begin to taper in May and then stop completely in September.
"Also ask if they know how to taper someone off of drugs," he added.
Once that happens they will taper off, but that time frame is still unclear.
"It's a binary market and there could potentially be another taper tantrum," said Shah.
"When we had the taper tantrum they hadn't even done anything yet," he said.
"I don't think we would see a repeat of the Taper Tantrum, " she said.
When his music career started to taper down, his writing career was winding up.
Sanders is enduring a forced two-week methadone taper, down from 120 mg daily.
That same year, the Taper was honored with a Tony for best regional theater.
I'm constantly worrying about jumping off now: What if I didn't taper long enough?
The rain tries to taper by sunset or so as the storm pulls away.
He's in a dark-blue windbreaker and a set of lean taper-fit jeans.
The swift sell-off in European stocks and bonds recalled the so-called taper tantrum in 2013, when the Federal Reserve first said it would begin to taper its policy of buying mortgages and other securities in an attempt to stimulate the economy.
High winds were expected to continue through the morning and taper off by late afternoon.
On the evidence of the 'taper tantrum' of 2013, this could be a benign estimate.
Thicken the line and taper it at the end to create a subtle wing shape.
In 2013, during the so-called "taper tantrum", BI raised rates by 175 basis points.
This came to be known as the "taper tantrum" and there were similarities on Tuesday.
Heading into taper, your body should be tired and ready for a break, Brooks says.
Oregon forecasters worry that their state's aging population means income tax growth will taper off.
The result became known as the taper tantrum — a damaging stampede out of emerging markets.
The EU would essentially taper off the relationship instead of chopping it on October 31.
The Fed finally announced it would begin to taper its bond purchases in December 2013.
Cases could also taper off because the virus runs out of susceptible people to infect.
This would mean a taper, following the Fed's earlier pattern, rather than a sudden ending.
Snow should taper off by midday Thursday, but strong winds will persist through the evening.
This taper channels aromas upward to the nose, amplifying them as you swirl and sniff.
"What they're doing is trying to taper down super high levels of nicotine," she said.
"We have to educate doctors about how to taper patients off of opioids," Lembke said.
In these cases, doctors may need to force a taper — which creates its own problems.
And a forced taper should be done as a last resort, not as the norm.
The purpose of the guide is actually twofold: It teaches clinicians how to taper chronic opioid therapy (something for which there is a clear need), but it also directs clinicians not to taper opioids abruptly and nonconsensually (and not to abandon opioid therapy patients altogether).
The U.S. five-year Treasury yield also fell to around 20.1 percent in Asia trading hours, its lowest since June 216, when markets convulsed during the taper tantrum after the U.S. Federal Reserve first broached the idea that it would taper its quantitative easing program.
While trying to get sober, Man was taking methadone, an opioid used to taper heroin addiction.
The reduction in the taper rate is small, ultimately costing the Treasury just £700m a year.
Right now, it looks like showers may not taper off until between 250 and 230 p.m.
The analysts believe that a "taper tantrum II" remains a prime autumn risk for asset markets.
Next, give the line one more pass, only this time, taper down below your tear duct.
But it is a steeper taper than reformers proposed when they first dreamed up universal credit.
In fact, the cognitive effects of breast-feeding actually taper off as a child gets older.
The important thing is to avoid a repeat of the taper tantrum of four years ago.
Patients were being forced to taper off opioids and were subjected to unnecessary suffering, they said.
"When taper 2.0 begins, it's not going to come as a surprise to anyone," Clemons said.
"It's quite natural that we see markets taper off some of the recent gains," he said.
"It's necessary to taper the BOJ's asset purchases to make its policy framework sustainable," she said.
The storms are expected to taper off after about four hours, the National Weather Service said.
Currency traders interpreted such words as indications that the ECB is preparing to taper its stimulus.
However, he signaled that some importers could get leeway to taper off purchases beyond the deadline.
The winds will pick up, with gusts up to 53 mph, before they taper down again.
Developed at the Taper, it was later staged at the Vivian Beaumont Theater in Lincoln Center.
But then Rabbi Karyn D. Kedar dipped a long taper into the flame, igniting the tip.
Cannabis legalization is spreading with a momentum that feels unlikely to taper off any time soon.
"It should continue to taper but very carefully and slowly, to prevent market disruption," she said.
Among those moments: the 2013 "taper tantrum" and the decision to postpone rate increases in 2016.
Citi analysts expected the meltdown in emerging market assets and currencies had further to run, based on comparisons with the 2013-2014 "taper tantrum," when the U.S. Federal Reserve first broached the idea that it would taper its asset purchases, which spurred massive outflows from emerging markets.
Overall, analysts expect some outflows in the second half of the year, but they reckon the threat to the regional currencies would not be severe as it was during taper-tantrum, when the U.S. Federal Reserve first hinted that it might taper its monetary expansion policy.
In the event, the "taper tantrum" meant bond buys would not be reduced for another 10 months.
Such export rush will likely taper off from now on as the trade war with Washington intensifies.
By afternoon, showers taper off and clouds should begin to break up by late in the day.
Still, ECB comments will be scrutinized for any clues on the timing and scale of a taper.
U.S. output is expected to taper as shale producers pull back from drilling to avoid losing money.
But any hint that QE might taper off could cause bond yields in peripheral countries to jump.
But one of the main drivers of its expansion will taper off next year, an executive said.
Monday's 193 percent fall was the biggest daily loss since the height of the 183 "taper tantrum".
Till now, we've had only 3 rate hikes since the Fed started to taper its QE programs.
In microgravity, flames don't taper like they do on your dinner table: They stay blobby and spherical.
In 2016, the state required Medicaid patients with back and spine conditions to taper off of opioids.
Just like the speed work and long runs are essential to your training, so is the taper.
Lee remembers trying to taper down his medications a year and a half after he'd started them.
But Rokach describes early-adulthood loneliness as a phase that should—should—taper off later in life.
There's a lot of research that if you taper too quickly the risk of relapse is high.
The bank said central banks around the world are looking to exit or taper quantitative easing programmes.
Snow is expected to taper off by midday Thursday, but strong winds may persist through the evening.
Hers is a band of book-matched taper baguette diamonds, and his is a clean platinum band.
The tables are laid with supra cloths, taper candles, gorgeous ceramics in grandmotherly motifs and modern shapes.
"We were forced by the situation," he said, acknowledging that the patient was unhappy with the taper.
Do you worry about a 'taper tantrum' in the same way that we saw in the United States?
That growth has begun to taper, and SQN says that Yelp has not acted quickly enough to adjust.
But withdrawal or rebound symptoms may not occur when doctors carefully help patients taper their dose, Moore explained.
India and Indonesia recovered quickly from the taper tantrum; their GDP growth has been fairly strong and steady.
This left many to wonder if hiring has begun to taper off along with a broader economic slowdown.
Bulls, or course, insist that that market will rally if coronavirus fears taper off in next few weeks.
The most obvious aspects of this luxuriant design are its grand proportions that taper neatly into sculptural form.
Confidence: Medium Rain should taper by late Friday morning, with winds then turning breezy from the west-northwest.
The "taper tantrum" ended up delaying the Fed's planned return to a more normal stance of monetary policy.
Ben S. Bernanke, then the chairman, let slip in May 2013 the Fed's intention to "taper" such purchases.
I like how thick and supportive the waistband is, while the pant legs taper down the legs nicely.
While growth was expected to taper off somewhat, the data from Europe in particular was softer than anticipated.
Oil gave up earlier gains late last week as fears that Chinese demand could taper weighed on prices.
Shiraz glass: This is the tallest of all red wine glasses, with a distinct taper towards the top.
We're expecting temperatures in the 215s and rain all day, though the downpour may taper off by tonight.
Albert Rios, the program director at Rightway, says that the two-week taper was a hard-won compromise.
The reasons for expecting a sell-off in peripheral bonds when the ECB does taper have not changed.
In determining the safest and most effective way to taper down antidepressants, we must focus on the individual.
But as urban cores grow, they argue, cities should taper the programs to realign tax burdens and priorities.
The rain is beginning to taper, said Jeff Lindner, a meteorologist with the Harris County Flood Control District.
But though central banks say they want to taper, the facts on inflation are a bit more stubborn.
Snowfall continued into the evening in the New York City area, but will begin to taper off overnight.
However, it is important to gradually taper many drugs to avoid dangerous symptoms caused by an abrupt withdrawal.
And never stop your medication cold turkey — you should taper your medication under the care of a psychiatrist.
Mr. Davidson's many credits as a director and producer at the Taper also included Neil Simon's " I Ought to Be in Pictures" (1981), Lanford Wilson's "Burn This" (1987) and the musical "Jelly's Last Jam" (1992), which had its premiere at the Taper, with George C. Wolfe, who wrote the book, directing.
Payments taper off as soon as a recipient earns more, which risks discouraging the unemployed from taking up work.
The edges are softer so they cut less into your palm, and the backsides also taper ever-so-slightly.
The wintry mix is forecast to change over to rain late Wednesday night, and will taper off Thursday morning.
However, that spending began to taper off around 2011 as the U.S. faced internal budget pressures and war fatigue.
Otherwise, Crescenzi believes the 2013 "taper tantrum" highs would be the next major stop for 10-year Treasury yields.
The founder of Daniel Bachman's label, Cory Rayborn, began as a taper, recording (and booking) shows around North Carolina.
The precipitation was expected to taper off before the major winter storm hits Thursday night, the weather service said.
Ham demand should taper off as a growing number grocers fill inventories for the upcoming Easter holiday, they said.
Even with nine marathons under her belt, Kelly Roberts still warns her friends and family when she's approaching taper.
They were hit hard in 2013, when rates rose on the so-called taper tantrum, and buyers pulled back.
"Primarily, I tape for myself," says Reggie, a veteran taper and moderator for concert recordings hub The Traders' Den.
When it comes to the real "taper", those who were expecting action this year, are bound to be disappointed.
"We expect inflation to peak in the third quarter and taper off by October," he said in a statement.
Yields spiked when it skipped a much-anticipated auction in January, stoking fears it may soon taper asset purchases.
But, with many of the crisis era measures already scaled back, it is time to taper forward guidance too.
"As much as we believe he would taper aggressively, and raise rates aggressively, it might not come to that."
Just this morning I was thinking about toward the end of the piece when things sort of taper down.
It has a skeletal face scrunched in agony and a body of cars that taper into a bony tail.
Hints in mid-2013 that the United States might pare easy-money policies sparked a 'taper tantrum' across markets.
Winds should also taper slowly but surely — perhaps to around 5 mph before dawn — out of the northwest direction.
Confidence: Medium Rains should taper off fairly quickly on Saturday morning, but a few sprinkles could linger into midday.
And rather than taper off after the 2016 election, these shady accounts and shareable memes have continued to proliferate.
And given the ever-increasing cyber-centric nature of the world, these sad statistics aren't likely to taper off.
Snow will begin to taper off across the Plains on Monday, with areas left with double-digit snowfall totals.
"Conagra's growth momentum in the frozen category appears to have started to taper off," Bernstein analyst Alexia Howard said.
Neither the rupiah or the rupee will see a re-run of 2013's taper tantrums this year, predicted Neumann.
Rain will taper off Thursday, but we could see several more inches of rain on saturated ground and swollen rivers.
They are used to help addicts taper off opioids, but insurers are not always willing to pay for the treatment.
For one, while new supply in the market is still climbing, it is expected to taper off in coming years.
The rain will taper off throughout the day on Thursday, then completely lift out of northern New England by Friday.
But some China watchers said growth may have moderated, as various one-off boosts to March factory readings taper off.
It took him five months to taper down to his previous dose of 3 grams in the morning and afternoon.
Yes, but: Patients battling chronic pain are worried they will be worse off if they have taper to lower doses.
Many analysts see any potential taper, however, as unlikely in the near term as inflation in the region remains subdued.
Global markets took fright at the Federal Reserve's first hint that it might taper its monetary expansion policy in 2013.
However, the National Weather Service says the snowfall across New England will taper off by the end of the week.
Bond yields initially shot up, as they would if a taper was on the way that would halt ECB purchases.
"Receding political risks and stable growth are likely to fuel QE taper expectations," DBS said in a note on Wednesday.
In the early '90s, Serling—a Dead taper since 1990—shared samples of his tapes with potential traders by posting .
What they do, according to O*NET: They operate forging machines to taper, shape, or form metal or plastic parts.
If there are more hikes, then BI will have tightened more than it did after the Fed's 33 "taper tantrum".
The Fed is supposed to serve American interests, yet as the taper tantrum brought home, its impacts are felt everywhere.
The Fed intends to taper back on its practice of replacing Treasurys and mortgages, as the issues it holds mature.
The storm system will move east Tuesday evening, CNN meteorologist Taylor Ward said, but it should taper off toward midnight.
There are superb doctors who taper as part of a consensual process that involves setting up a true care plan.
He was doing so well that when he went back the following month, Quan started to slowly taper the prednisone.
The BOJ could gradually taper off its bond purchases, as it no longer committed to buy at a set pace.
But the history of the taper tantrum suggests that, for Mr. Powell, that is likely to be a high bar.
It was 1969, and Donald had a part in a French farce at the Mark Taper Forum in Los Angeles.
Buildings that taper as they ascend limit how much wind they send shooting toward the ground (and help structurally, too).
They also force addicts who are in treatment but faced with incarceration to rapidly and dangerously taper off serious medications.
LOS ANGELES — When "Zoot Suit" first opened at the Mark Taper Forum in 219, little about the production screamed hit.
The Fed continues to replace both mortgages and Treasurys as those securities mature, and it would taper back that program.
In particular, they are concerned that turnout among millennials and African-Americans may taper off from Mr. Obama's two wins.
Using long-term medication-assisted-therapy, suboxone particularly, until I was ready to taper down and detox from it completely.
The wintry precipitation is expected to taper off, ending by late Sunday after leaving treacherous conditions in the Mid-Atlantic region.
When Indonesia last faced such market volatility in 2013, during the so-called "taper tantrum", policymakers took measures to restore calm.
The current downward pressure on oil prices should likely taper off from January, when OPEC-led supply cuts commence, analysts said.
Kelly credited Trump for the decline and added smugglers are charging much more for border crossers, causing demand to taper off.
From 2020 tax credits would vary only by age, not income or geography (although they would taper off at high incomes).
That's an even bigger underperformance than that seen during the Fed's "taper tantrum" in mid-2013, when bond yields unexpectedly surged.
This loop, evident during the taper tantrum, kicked in again as the Fed prepared to begin raising interest rates in 2015.
For the outer corner of the eye, it's important to use shadow to blend and taper the liner — no harsh lines.
However, a rebound in prices in December is reviving calls for the ECB to taper its bond purchases, particularly in Germany.
From there, BofAML thinks the Fed will taper its reinvestments over a one-year period and continue down a passive path.
However, his primary aim was to dilute his meth (in the e-liquid) and gradually taper himself off of the drug.
Economists are also warning that growth could taper off now that the stimulus provided by the tax cuts is wearing off.
The warning remains posted until Thursday evening, but fire officials said high winds were expected to taper off by late afternoon.
It expects to begin with, at most, a $10 billion taper in purchases for three months, and then increase it gradually.
WE HAVE NOT BEEN PERSISTENTLY AT THAT LEVEL AND WE'VE COME CLOSE TO IT BEFORE AND WE'VE SEEN INFLATION TAPER OFF.
St. Louis Fed President James Bullard suggested an interesting place to start the taper—the Summary of Economic Projections issued quarterly.
To ensure customer retention, you should make sure that the customer ROI increases over time and not plateau or taper off.
"The Fed began to taper its purchases in early 2014, with flows turning negative in Q4 of last year," it says.
Compared with standard taper candles, Mr. Redd continued, tea lights have a slightly more casual vibe — with less cause for worry.
Local visitors taper off by as much as 0003 percent by Labor Day, said Ken Weine, a spokesman for the museum.
I would have been happier with less flourish and more forensics, which seemed to taper off drastically after the early cases.
Is that the early warning system beginning to operate effectively, and are we headed for another 'taper tantrum' at some point?
With balance of payments crises a real risk, Fragile Five currencies and stocks fell 10-20 percent after the taper hints.
With a swipe, users of the app can whiten their face, taper their jaw, widen their eyes or make themselves thinner.
The snow should start to taper off southwest of the Beltway over the next hour, inside the Beltway by 6 p.m.
"You would be better off waiting for two months when the taper strategy becomes clear before reconsidering your position," he said.
Forbes notes that the company's sales "are already starting to taper off" and her lip-kit sales are down 35 percent.
RompHim's social media posts started to taper off, and during the holidays, the company offered 75% off all of its merchandise.
Snow flurries are expected Sunday night, but they should taper off by Monday morning, making way for a golden holiday glow.
With the help of a doctor, in September 2017, Dan began to taper down from a daily dosage of 20 milligrams.
"A gradual taper is something every patient on high-dose opioids for chronic pain should be encouraged to do, and doctors owe it to these patients to explain why a taper makes sense," says David Juurlink, professor of medicine at the University of Toronto, who is a major proponent of decreasing the use of opioids for chronic pain.
In the bigger picture, unrest in the Philippines didn't actually taper off while Pershing was governor — let alone stop for 25 years.
Traders will watch for any signals from Draghi on when the central bank may further trim its asset purchase program, or taper.
The building's windows also feature arches made of high-quality, hand-rubbed red bricks that taper slightly to create the curved forms.
But, the cutbacks do not go into effect until January, and Russia has warned that it will only gradually taper off output.
Many market players think the BOJ will eventually need to taper its bond buying to keep bond yields around its new target.
However, the cutbacks do not go into effect until January, and Russia has warned that it will only gradually taper off output.
Graphic: Bond investors brace for ECB taper Reporting by Dhara Ranasinghe and John Geddie; Graphics by Ritvik Carvalho; Editing by Richard Balmforth
The handles draw your eyes to the center but taper neatly into the rear quarters and onward to the high wheel haunches.
Showers taper off tomorrow and cold, dry air surges in on Saturday with a few flakes possible that night but accumulations unlikely.
The committee approved a plan that would see the bond reduction begin to taper in May and then halt altogether in September.
Federal limits now mean that only about 4% of doctors can prescribe drugs used to taper down the doses of those people.
Staged last year at the Mark Taper Forum, and a finalist for the Pulitzer Prize for drama, "Marjorie Prime" operates by stealth.
Mario Draghi, the bank's boss, insisted this was not a "taper", a word that implied a gradual reduction in purchases to zero.
Today (Thursday): Showers are likely to be fairly frequent but mainly light through midday, and then they taper off during the afternoon.
I REMEMBER WAY BACK, SCOTT, IN PRE-TAPER TANTRUM, WE TALKED ABOUT THE 235 LEVEL ON THE 10 YEAR AS BEING IMPORTANT.
This "taper tantrum", as it became known, raised concerns that Fed tightening might so perturb global markets that America itself could suffer.
Indeed, the so-called taper tantrum of 2013 illustrates the difficulty of predicting financial market reactions to announcements about the balance sheet.
The ECB is expected to extend its quantitative easing program, though it is also viewed as likely to taper purchases next year.
However, May 2013's Taper Tantrum, where the S&P 500 dropped roughly 5 percent over about a month, might be useful.
A taper in Chinese purchases would come as the Federal Reserve unwinds the massive balance sheet it amassed after the financial crisis.
BAML's analysts said the three-week "mini taper tantrum" had been kickstarted by the European Central Bank's (ECB) tapering announcement on Oct.
Analysts, however, said the central bank would likely delay significant details on its plans to taper its asset-purchase program until September.
That so-called taper tantrum sent bond yields up sharply and sowed turmoil in world markets from Rio de Janeiro to Jakarta.
It stopped requiring people with back and neck pain to taper off opioids and decided to revisit that coverage issue next winter.
"When the committee does taper, there may, again, be a significant reaction as investors unwind speculative trades," he said at the Oct.
They were unanimous in saying the ECB's next move, after April's planned cut, will be to taper quantitative easing further [ECILT/EU].
They were unanimous in saying that the ECB's next move, after April's planned cut, would be to further taper its quantitative easing.
HP also offers some aesthetic distinction on the sides, which are a well-rounded brushed metal that taper off toward the lip.
The market is also poised for any hints from the European Central Bank it will taper its Corporate Sector Purchase Programme soon.
But I'm a little skeptical and trying to taper my expectation, but it's a good first step to see this actually happening.
Most of the patients denied or minimized their experience of side effects and expressed resistance to taper or discontinuation of these medications.
Whitman is fresh off performing in a run of The Mystery of Love & Sex at the Mark Taper Forum in Los Angeles.
I found the manual because, like Huff, I couldn't get a doctor to help me, and I was determined to taper myself.
O'Leary expects them to taper off in the next few weeks, when the birds are no longer so fiercely protecting their young.
The research team had them taper much more slowly, over an average of nine months and for as long as four years.
But Friday is expected to be dry as all the snow and rain begins to taper off, the National Weather Service said.
So, to sum up: Yes, threesomes would increase slightly, and then taper off, and then horrifying murders would increase a whopping 700%.
He also warned that any signs of economic weakness could spark a rally in rates akin to the "taper tantrum" of 2013.
Kuri's new wheels are designed a bit more like tank treads — they start large in the front and taper toward the back.
Leonard told CNBC that storms could continue to develop "in the next few weeks" but may taper off into October and November.
The first reduction is expected to be $10 billion a month, and the Fed will taper that back further after three months.
Fears that Chinese demand could taper fueled the pullback on Friday after state oil major Sinopec cut its purchases of U.S. crude.
Thankfully, over many, many months and many, many submissions, I was able to mimic the density and taper of the natural bristles.
The key thing they were missing was the fundamental idea that buybacks help taper market demand by "sopping up supply," he argued.
I suspect some of that is because Google carefully hid the Home's size with a taper, whereas the Loft continues to flare outward.
I had to buy my own pill cutter and slice the little wafers into fourths in order to taper off over several months.
"There's going to be pressure on the council in the ECB," Bridges said, noting that the ECB may taper its quantitative easing program.
The Fed is now reducing its balance sheet while the European Central Banks and Bank of Japan taper their own quantitative easing programs.
The wintry precipitation is expected to taper off, ending by late Sunday after leaving treacherous conditions in the Mid-Atlantic region, forecasters said.
Meanwhile, the macroeconomic situation in emerging markets is better than it was at the time of the Fed-induced Taper Tantrum of 2013.
Analysts said, however, that the central bank would likely delay significant details on its plans to taper its asset-purchase program until September.
They have large, almond shaped eyes and extra-long arms which end in attenuated fingers that lightly taper over their knees and garments.
Coon is still also taking opiates, and it's too early to tell if the cannabis will enable her to taper her Dilaudid doses.
On G. verrucosa, the warts don't extend quite as far down its arms, and they taper off towards the back of its mantle.
During the "taper tantrum" of 2013, when the Fed signalled a slowing of its quantitative-easing programme, the ten-year yield reached 3%.
Already, the group has been able to observe the mysterious holes taper from the outside in, undermining the hypothesis of a mouth infection.
For first-time marathoners especially, who may be lacking confidence to begin with, taper may result in a hit to your self-assurance.
Find a person, or group, who can remind you that extending your run by a few miles isn't the best idea during taper.
Some have lost family members to suicide; some are watching their loved ones suffer increased pain and disability from a forced, rapid taper.
He had played twice a day through last Thursday before beginning to taper, hitting once on Friday and Saturday for only 90 minutes.
For any special occasion, turn to this set of 12 tall, thin, and elegant Youngerbaby Yellow Mini Battery Operated LED Taper Candles. Pros:Cons:
"Anecdotal information is the best we have, because there is almost no clinical research on how to slowly and safely taper," Laura said.
The 8 Wale Corduroy Easy Pants are slouchy, sit low on the waist, and have a hint of a taper at the leg.
But it has taken five so far, with the support of a Facebook group and a "taper friend" she speaks to almost daily.
And after the economic data started to wobble late last year, the Fed announced that it would taper the reduction of its holdings.
At the Mark Taper Forum in Los Angeles, Wesley starred in stage roles such as Wild Oats and Arthur Miller's An American Clock.
Keep reading for the forecast through the weekend … Tomorrow (Friday): Showers may linger into the morning commute but should taper off by midmorning.
The summer's big blockbusters tend to taper off quickly after the start of August, as marketing machines power down around less-hyped newcomers.
She said she hoped to secure enough visas to hire six housekeepers and a cook; the season begins to taper off in September.
If some of the items in the Taper collection were ultimately sold, the state-run museum would hardly be bereft of Lincoln exhibits.
Paradoxically, there is a growing medical consensus that patients who are addicted to their pain pills shouldn't be forced to taper their dosages.
"Normally, when you go that low, sales taper off," Frank Percesepe, who oversees Brooklyn sales for the Corcoran Group, said about buyer tendencies.
Powell, a lawyer by training and a Wall Street veteran before joining the central bank in 2012, said that between the effects of the taper tantrum, the Fed's decision not to taper in September, and some confusing signals in economic data, investors now thought any move by the Fed would be months down the road - with risks building in the financial sector.
Many of Bachhuber's patients ask for help quitting highly addictive opioids, and some have used marijuana to taper off the prescription painkillers, he said.
Both sport rounded glass backs that taper down to gentle curves, vertically-orientated dual cam modules, and a centrally-located fingerprint reader below that.
The focus on funds' activities sharpened after "taper tantrums" or big and rapid falls in U.S. bond prices on the prospect of rate rises.
"If things go well as we think in the economy, there are good reasons then (from next September) to start to taper," he said.
"My expectation is that there will be a few more reports between now and Halloween and after that it will taper off," he says.
When Bernanke made the plan public, it triggered the so-called "taper tantrum" sell-off in the bond market in the summer of 2013.
Three years ago, when the Federal Reserve hinted it would begin to "taper" its investments in mortgage-backed bonds, rates moved decidedly higher quickly.
Meanwhile, economic fundamentals in the Eurozone continue to improve, and the European Central Bank remains likely to taper its quantitative easing program in 2017.
It really does look a lot like a MacBook Pro, but the taper makes a huge difference in the overall feel of the device.
Policy makers may become proactively hawkish, UBS also stated, and highlighted the 2013 "taper tantrum" which saw a short lived sell-off in Treasurys.
Another few (the Federal Reserve mulling a "step down in our pace of purchases") started the taper tantrum that upset emerging markets in 2013.
Nonetheless, the blog's authors concluded that liquidity remained resilient after examining the effects of the 2013 "taper tantrum" in the Treasury market, the Oct.
Economists in the poll unanimously said the ECB's next move, after April's planned cut in monthly bond purchases, will be to taper QE further.
In May 173, Ben Bernanke, then the Fed chairman, prompted the so-called "taper tantrum" when he indicated that rates were about to rise.
Yet India's balance sheet has improved since the "taper tantrum" of 2014 — fears of a less activist Federal Reserve — sent shockwaves across developing economies.
For women, however, speaking roles are overwhelmingly available between 22 and 31, continue until 41, and then taper off once they hit their 40s. 
The Fed has been tightening monetary policy since it started to taper its $22006 billion per month quantitative easing program back in December 220.
Of course, that's beyond the purview of a humble taper like Daryl, who isn't selling anything or making any money off what he's doing.
"The purpose of a taper is to allow the body to recover and rest, which it needs to do before the race," Taylor says.
Yet the BOJ's move was a complete surprise to the market, raising speculation the central bank may be starting to taper its bond buying.
Eventually the subsidies taper off altogether, but Democrats still wanted those wealthier, unsubsidized consumers to benefit from structural changes to the broader insurance market.
It's also possible, and not knowable, that the phones that were going to explode mostly already did, and that further combustion incidents taper off.
Bernanke first revealed the FOMC's thinking on plans for a taper in answering a lawmaker's question during an appearance before Congress' Joint Economic Committee.
The wintry, snowy weather will taper off, but temperatures are likely to put a chill on the East Coast for the next few days.
Like Google before it, Facebook's future success will likely hinge on its ability to push price (not volume) over several years as impressions taper.
Prospects of an ECB taper have risen up the agenda and some analysts are now expecting the central bank to signal an easing off.
Yet with the end of ECB QE now in sight, a taper tantrum along the lines of last year's appears to have been avoided.
The audience seemed engaged for most of the night, though at one point the cheers seemed to taper off and then rose less frequently.
The World Bank foresees that growth of world gross domestic product will taper off in 2019, to 3 percent, and 2.9 percent in 2020.
He is slight, with a white beard, shoulders that taper gently from left to right, and a front tooth that snags when he smiles.
Other periods of heightened volatility include 2015, when China devalued its currency; 2013, during the taper tantrum; and 2011, during the European debt crisis.
"I think they'll start to taper down the program sometime during or toward the middle or the end of the second quarter," he said.
"We're not going to see the taper tantrum that we saw 2013," he added, saying that emerging markets no longer have current account deficits.
But the Fed is widely expected to announce it will taper back its purchases of Treasury and mortgage securities when it meets in September.
We also expect cable TV capex to taper off from 2018 after the major digitalisation upgrade of its cable TV system in 2016-2017.
Vapers say they've tried nicotine gum, patches, or pouches to taper their use, or try to replace their oral fixation with things like toothpicks.
The third-quarter performance and revised guidance suggested that the downward trend would be more gradual and taper off after 2019, financial analysts said.
Some analysts had expected the yield increase, the biggest one since July 26.5 during the "taper tantrum," to entice investors who want cheaper bonds.
As we saw during the taper tantrum of 33, high-yield bonds can be much more volatile than Treasuries when investors grow more risk averse.
If you're looking for a safe place to park some of your money as stock market returns taper, not all "savings" options are risk-free.
The caveat is that as economic growth and corporate earnings taper off, these companies will find it increasingly difficult to make payments on their borrowings.
Unlike the Air, the Pros don't taper, maintaining a uniform width of 0.59-inches, which means they're thinner than the Air's thickest point (0.68-inches).
He reduced the "taper rate" of universal credit, an all-purpose benefit, which means that as people earn more they lose their benefits less quickly.
Seated in the shadowy interior, you face a tall, narrow light box emitting spectral colors in a column of horizontal bars that taper gradually downward.
There is still sizeable monetary policy uncertainty in the euro zone, in particular 'taper talk' and this is likely to put upward pressure on yields.
In both India and Brazil, the combined debt of households and non-financial corporations has declined as a proportion of GDP since the taper tantrum.
A previous bout of monetary-policy tightening in America in 2013 led to a "taper tantrum" in which money rapidly sloshed out of emerging markets.
Facebook's earnings and revenue beat the Street's expectations Wednesday, but Chief Financial Officer David Wehner announced that ad revenue growth rates would taper in 2017.
This was the case during both the 2013 'taper tantrum' and over the past year, as Fed communications significantly shifted expectations for U.S. monetary policy.
But if Draghi were to actually taper it would leave only Japan and the much smaller Bank of England left in the money printing business.
Sanctioning an official section in the audience for tapers in 22018, the Grateful Dead became known as the most taper-friendly band in the world.
"Currencies are reacting more to the extension and bonds are focused on the taper," said Frances Donald, senior economist at Manulife Asset Management in Boston.
Detox programs that taper people to opioid abstinence have not been shown to reduce overdose death risk—and without further support, may actually increase it.
The expectation for this week's ECB meeting are very clear: Nothing less than the big "taper" plan for next year is expected from Mario Draghi.
Yes, you'll feel the effects of smoking within minutes, but they'll peak within 288 to 2000 minutes and taper off between two to four hours.
Any attempt to taper or reverse the accumulation of government debt or other assets is quickly reversed as financial markets become unruly and economies slow.
The bristles are incredibly soft and, though the brush comes to a slight taper, it's wide enough to give you a wash of diffused color.
"I think they'll start to taper down the program some time during or toward the middle or the end of the second quarter," he said.
This month the board extended water conservation regulations out of fears that the generous precipitation could taper off before the state's winter rainy season ends.
Whether the group could decide to taper cuts when it meets in June 2018 was uncertain, at five on the scale of likelihood, Citi said.
Its markets was whipsawed during the 2008 global financial crisis and more recently after the 2013 'taper tantrum' and early 2015 emerging market sell-off.
Fed officials had suggested a possible September start to the slowing in the rate of purchases but were spooked by the Taper Tantrum and demurred.
I mean it was very well signaled as far back as the taper tantrum that this is something that emerging economies should be focused on.
Fonts communicate more than just the words on the page; the way they arc, curve, bulge, and taper can shape the way a message is received.
It is almost certain to extend purchases beyond its current March deadline, although there is uncertainty over whether it may reduce or 'taper' the monthly pace.
Analysts expect U.S. oil drilling to taper off as old hedge positions wind down, leaving smaller producers exposed to market prices at below break-even levels.
Cowen analysts write that Boeing's largest program, the F-15 jets reportedly worth more than $1 billion, is nearing completion and sales taper off in 2019.
Jessica Teich told Vulture she first met Dreyfuss at the Mark Taper Forum theater in Los Angeles and they eventually worked on developing a comedy together.
On Tuesday, U.S. Treasury yields rose to nearly two-week highs after a Bloomberg report that the European Central Bank may taper asset purchases spooked investors.
Markets may be headed for a "double-barrelled taper tantrum" and investors don't have a lot of safe havens left as shelter, one CIO has warned.
"Consequently, the ECB will not be in any rush to unwind QE. However, next week's ECB meeting could mark the start of taper tiptoeing," Brzeski added.
Additionally, a Bloomberg report on Tuesday said the European Central Bank (ECB) might taper bond purchases before the expected March end of its quantitative easing program.
But since the taper community moved online in the early 00s, it's become ridiculously easy to gobble up as many concerts as you could possibly want.
If the NBA ever has a team here, you wonder if the energy level from all these hoops-crazed fans would taper off at some point.
Reuters reports that the Fed has estimated that the surge in growth will taper off in coming years as the stimulus effect from tax cuts abates.
Analysts at HSBC said even if the ECB entertains the idea of a taper no matter how far into the future, it would help the euro.
The snow and ice is expected to taper off through Wednesday morning as the storm system heads into Canada's Maritime provinces, the National Weather Service said.
Investors are also awaited the European Central Bank's upcoming policy meeting, where details on the central bank's plan to taper its quantitative easing program are expected.
Talk that the ECB might reduce or 'taper' the scale of its asset purchases before the scheme finally ends has particularly unnerved investors in recent days.
According to him, this is where drones, flown from the cities to the countryside, to deliver parcels, instead of cars or vans, could taper the cost.
The "S&P 500 posted solid gains every time yields rebounded, except during the Fed taper tantrum episode of May '13," Matejka said in Tuesday's report.
A former market economist, Kiuchi has been the sole opponent of the BOJ's massive asset-buying program and has been proposing unsuccessfully to taper asset purchases.
"It will be much worse than the taper tantrum in the U.S.," said Louis Gargour, chief investment officer at London-based credit hedge fund LNG Capital.
Both India and Indonesia were victims of the 2013 "taper tantrum" and are again at risk of large capital outflows — which will hurt their growth prospects.
They see the Fed raising rates first in September, and then taking action to taper back on the purchases of Treasurys and mortgage securities in December.
Analysts attending the forum expressed scepticism about Mongolia's ambitions, saying logistic costs still eroded the competitiveness of Mongolian coal and demand could soon begin to taper.
Nielsen also often releases breakdowns at the half-hour or even quarter-hour mark, the better to show how audiences taper or build throughout an event.
A year later he presented "The Kentucky Cycle," by Robert Schenkkan, which had been developed in part at the Taper, and which also won a Pulitzer.
But ask bond traders what the impact will be, or how they are strategizing around the so-called "taper," and get little more than a yawn.
According to the National Weather Service, the rains would taper off by nighttime, and the rest of the week was forecast to be dry and clear.
In one 2010 study cited in the new paper, Japanese researchers found that 78 percent of people trying to taper off Paxil suffered severe withdrawal symptoms.
That doesn't start in earnest until May when the weather will be warmer and, if the experts are right, the virus will start to taper off.
That was particularly helpful during the "taper tantrum" of 2013, in which the prospect of less quantitative easing in America sent many emerging-market currencies tumbling.
The system must be resilient enough so that sharing does not spike during disease crises and taper off when other problems seem more pressing for governments.
Analysts at Nomura expect inflation to taper off a little in February, adding that the timing of the Lunar New Year holiday distorted the figures somewhat.
A woman usually must increase her dose as her pregnancy progresses, then taper back down after the baby is born; the right calibration can be elusive.
"Find a good financial planner or retirement planner," he said, "and begin to taper off your equity allocation, aiming towards 40% or 50% when you retire."
"I think they'll start to taper it down, and I think they'll be very deliberate and prescriptive about how they're going to do that," he said.
"What's more likely is the taper tantrum in 2013 and when we look at countries with current account deficits, India, Philippines and maybe Indonesia look vulnerable. "
"We've got to start being mindful where risks are, looking at risk-adjusted returns, and then start to taper off some of that risk," Jones warned.
And now Fed Chairman Jerome Powell has been raising rates and chiseling away at the balance sheet with a program to "taper" back purchases of securities.
A 2017 study of about 500 veterans who were forced to taper found that 9 percent became suicidal and 2 percent actually acted on those thoughts.
Economic Trends When the Federal Reserve made its first tentative step toward ending its era of extraordinary monetary intervention, it earned a nickname: the taper tantrum.
I'd ramp up the mileage and intensity until about two weeks before a race, at which point I'd taper to give my legs a chance to recover.
Image: myfreedomsmokesThe huge benefit of mixing your own juice to quit smoking traditional cigarettes is the ability to taper the amount of nicotine at your own pace.
Starting essentially with the "taper tantrum " in 2013, the Fed has had a series of clumsy experiences in trying to get the market used to any tightening.
It is not surprising that North Carolina doctors admit to feeling pressured to taper high-dose opioid patients and to not accept new patients on high doses.
Most important, the world economy is no more ready for a financial storm than it was during the taper tantrum, or when Ms Brainard sounded her alarm.
There is still plenty of scope to sell, though: at the height of the 2013 "taper tantrum" fund managers were underweight to the tune of 31 percent.
In 2013 the news that America's Federal Reserve was merely thinking of reducing QE set off a "taper tantrum": the bond markets were scared and yields spiked.
Weight Watchers usually sees an influx of members at the beginning of the year then watches them taper off throughout the year as they ditch their diets.
For this latest paper, the team designed the channels etched onto the chip to taper off in key spots, forming bottlenecks roughly the same width as capillaries.
It climbed along with a rise in euro zone debt yields in response to a Bloomberg report of a ECB plan to taper its asset-purchase programme.
Meanwhile in Europe, a Bloomberg report on Tuesday said the European Central Bank might taper bond purchases before the expected March end of its quantitative easing program.
In that meeting the Fed decided to merely taper the re-investment of its balance sheet, which is the pace in that it stops reinvesting its assets.
"I think the increased hawkishness we have seen from the central banks has led to a fear that we could see a mini-taper tantrum," he said.
Most importantly, the major difference between the Fed's taper and the inevitable turn from the BOJ and ECB is the level of their respective real interest rates.
Which is one reason doctors fear the impact of the hard dose limits, which don't include plans to gradually taper patients on higher doses to lower doses.
Draghi's ultimate intentions, which he himself admits are uncertain, don't come into it: the pace of bond buying will diminish and that, dear friends, is a taper.
But over the past 21 years or so, journeys to Venus have begun to taper off in favor of Mars missions, especially with regards to human exploration.
That supercompensation is, when you bounce out of it, you're actually at a higher fitness level than when you went into that taper or that unloading period.
The first step was to cross-taper from the short-acting lorazepam to Valium, which has a longer half-life and so is easier to withdraw from.
Mr. Esper said he expected that attacks on Afghan forces would "taper off" before the start of negotiations between the Taliban and Afghan officials on March 10.
The result, he said, is a funding cliff made worse because San Juan has not lived up to plans to taper down the spending of the benefits.
Viewership for the Senate trial continued to taper off by Wednesday, with 6900 million people watching the proceedings across ABC, NBC, CBS, Fox News, MSNBC and CNN.
That explains why a majority of the polled economists expect the next move by the BOJ would be to taper its massive stimulus, possibly sometime next year.
That ignited a phenomenon that market players labeled the "taper tantrum," and it caused a sharp drop in emerging markets such as South Africa, India and Turkey.
He expects the Fed to say in March that it is paring back those purchases from $60 billion to $40 billion, and then will taper them down.
"BoJ and Fed 'taper-tantrum' fears may have sparked redemptions in emerging market equity funds and in high yield bond funds," BAML analysts wrote in a note.
Developers buy this expensive land as they expect home prices to increase, but once the government starts to taper price growth, it will be a significant risk.
Her phrases tend to taper, as if plush slowing were the only way to stop, and this softening effect, beginning as finesse, ends up becoming a damper.
According to Tranter, you can expect your baby&aposs crying to peak between their sixth and eighth week of life, and from there it should taper off.
When coming off of Xanax, it's important to taper the dosage down gradually, as going cold turkey suddenly can cause side effects such as psychosis and seizures.
Ultimately, I told him it was time to transition from Oxycodone to a safer medicine, with a slow taper of the opioid to prevent symptoms of withdrawal.
The main focus for investors is whether or not ECB President Mario Draghi will give any indications that the bank is poised to taper its bond purchase program.
Some analysts argue a scarcity of eligible debt, especially in Germany where the bulk of purchases for QE are made, will force the ECB to taper more aggressively.
This is not how cases of long-term opioid therapy should be handled; our fear of opioids should not lead clinicians to abandon or forcibly taper their patients.
The AHCA would change the tax credits so that they vary with age, but not income or geography (although they would taper out at high incomes—see chart).
While stocks tanked amid the Taper Tantrum, the move was much smaller than the rallies and sell-offs last year as speculation about China's economy waxed and waned.
No power button, no curved display — while the edge of the Gorilla Glass 4 does taper a bit, it does so off to the side of the screen.
From the sixth year, the royalties, or trait value, will taper down by 10 percent every year, said the order, which laid down these guidelines without naming Monsanto.
Earlier this month, Europe saw its own version of "taper tantrum" after a report said policymakers at the ECB were looking at winding back its trillion-dollar program.
The 2013 'taper tantrum' also provides a reminder that the impact of balance sheet policy on financial conditions is uncertain and could be larger than our baseline estimate.
However, the focus for analysts and reporters looks set to be the growing dissent inside the bank's governing council about when to taper its massive bond-buying scheme.
The taper tantrum was triggered in May of 2013 when Bernanke told lawmakers the Fed could "take a step down in our pace of purchases" in coming meetings.
There had been speculation the ECB would consider beginning to taper purchases for its 1 trillion-plus euro stimulus program, which could end as early as March 2017.
In fact, BitTorrent creator Bram Cohen has said he explicitly developed the peer-to-peer file-sharing platform in 2001 for the pioneering taper project known as etree.
Cook's visit coincides with India's emergence as one of the last large growth markets for smartphones, with sales in the United States and China beginning to taper off.
Policy makers want to avoid the "taper tantrum" that started in May 2013 when they first indicated they would ease and then eventually end the bond-buying program.
There can also be a role for starting or continuing psychotherapy during a medication taper if there are residual symptoms or stressors in the person's life, Nathan explains.
"For every month, you take it a few days before you know your period starts, then take it through the week-long period, then taper down," she says.
And, as exports begin to taper off, many members of Congress and the Senate are going to look at subsidy funding to address the priorities of their constituents.
The European Central Bank published a report for the first time on Monday of its corporate bond purchases, as it comes under pressure to taper its buying program.
Jens Weidmann, the head of Germany's central bank, said on Wednesday expectations the ECB would taper its bond-buying program by the end of this year were plausible.
"The impact was immediate and didn't taper off," Mr. Auerbach said, noting that few stars with Ms. Swift's reach have really dived in and sustained such a presence.
The theme of investing in a rising interest rate environment is not new; in fact, it has been overhyped in years past, most notable during the taper tantrum.
"This is really the peak, as soon as we get over the hump, things will start to taper down over the next one to two months," Leonard predicted.
However, Rowley says the Fed is expected to announce it will taper asset purchases from September and raise interest rates in December, which would keep gold prices capped.
The "taper tantrum" refers to when the U.S. Federal Reserve announced it was winding down its bond-buying program in 2013, which acutely impacted by emerging markets (EM).
The Taper, which also hosted the world premiere productions of "Angels in America" and "Children of a Lesser God," hopes to create a similar buzz this time around.
Maintaining growth becomes harder as subscriber numbers swell, and executives at the newspaper group have warned that the Trump-fueled bump in paid digital subscriptions may taper off.
"I didn't know if I could do it," she said backstage here recently at the Mark Taper Forum, where the show ran for a little over five weeks.
Advocates for the flavors say they can help adults taper addictions to actual cigarettes, while critics argue they hook young people on nicotine, driving them toward real cigarettes.
So it will be up to ECB President Mario Draghi to explain why the ECB, despite the inflation outlook, thinks it is right to taper (gradually reduce stimulus).
Ford: Automaker Ford has fallen on hard times as U.S. auto sales taper off, and Cramer cautioned that the pain could be on full display in its earnings report.
Broad market positioning data for the week of July 25 showed short bets against the dollar swollen to their highest levels since a "taper-tantrum" peak in early 2013.
Pence told CNN's Jake Taper on "State of the Union" Sunday that Trump's comments "reflect the fact that the only election he and I are focused on is 2020."
Analysts at Maybank Kim Eng said Asian markets will probably show more resilience against the recent rise in U.S. Treasury yields, compared to the "taper tantrum" episode in 2013.
President Mario Draghi of the ECB (European Central Bank) said during a press conference last week that the central bank wasn't considering ways to taper its quantitative easing program.
"Downtrend in Fed liquidity and ECB taper remain necessary conditions for a correction," BAML's strategists added, saying they expect the Fed to announce balance sheet reduction at its Sep.
The bank's analysts noted that during the taper tantrum, 2060-year U.S. Treasurys sold off by 24.3350 basis points, compared with the post-election 24.20 basis-point sell-off.
Finally, it's opened non-medication pain clinics, where people with low back pain can get a range of treatments as well as help to taper off their opioid prescriptions.
The supply surge is occurring just as heating demand is starting to taper off with the end of the Northern Hemisphere winter approaching and that is weighing on prices.
Speculation that the BOJ could taper its asset purchases earlier than expected heightened also after the BOJ skipped a much anticipated auction to buy short-term debt last week.
The Fed said it will begin in May to taper the amount of proceeds it allows to roll off each month and will end the program in six months.
If you can anticipate this wave of anxiety coming—and know you aren't sabotaging your hard work as you head into your taper—you're already ahead of the curve.
Daryl—not his real name—has been taping shows at Coachella since 260, and in that time he's developed a reputation as perhaps the festival's most dependable concert taper.
Earlier this month, the Food and Drug Administration (FDA) also released an urgent warning clearly stating that physicians should not abruptly taper patients who are dependent on these medications.
In truth, I had been navigating through my possessions for a while, trying to taper down what I owned, but nothing had resonated with me quite like Kondo's book.
But they are equally wary of entirely abandoning the base money target, the bank's prime policy target, for fear of triggering market fears it will taper its asset buying.
Analysts have made comparisons to the so-called "taper tantrum" in 2013 when world bond yields jumped after the first signal from the Fed that it might tighten policy.
The IMF projects U.S. growth to taper through 2019 due to higher costs driven by tariffs and the phase out of stimulus driven by the 85033 tax-cut bill.
Witness the sharp drop in EM asset values after the so-called Taper Tantrum in 503, when the Federal Reserve said it would scale back its bond-buying program.
The wind power industry is entering a new phase with slower growth and higher pressure on prices as subsidies taper off and governments opt for more competitive contract tenders.
With temperatures hovering just above freezing for part of the night, much of the snow has already melted, and any remaining flurries should taper off by around 28 a.m.
In 20013, "Zoot Suit," Luis Valdez's musical play about Chicano gangs in 1940s Los Angeles, opened at the Mark Taper Forum, with Edward James Olmos in the lead role.
"I think it's a more open sounding record, a bit more inclusive, and a bit more engaging," Barnes tells me before taking a moment to taper his own conclusions.
Dr. Gastala initially planned to require patients to taper off Suboxone after two years at the most, believing that if patients' lives had stabilized, they wouldn't need it anymore.
The tax rebate starts to taper off above that threshold, cutting out completely for individuals making more than AU$140,000 a year and families making more than AU$240,000.
Economists polled by Reuters then expect short taper to wrap it up by year-end, although some policymakers have even questioned whether the scheme needs to run beyond September.
Peter C. Brosius, the artistic director of Children's Theater Company since 1997, was working at the Mark Taper Forum in Los Angeles back when the Austin strike made headlines.
"It's been very well telegraphed from certain officials that the market should really push expectations of a taper forward," said Jonathan Roy, advisory investment manager at Charles Hanover Investments.
Expectations now are for the ECB to announce in the autumn that it will taper its 2 trillion euro bond buying scheme and then begin actual withdrawal in 2018.
Greenland's latest melting spike started to taper over the weekend, with the ice sheet "only" losing 8.5 billion tons of ice on Saturday and 7.6 billion tons on Sunday.
Recent oil price falls mean the boost to inflation from energy costs will start to taper off soon, and will start to weigh on price growth early next year.
A MANTEL OF 'CHOICE BITS' A pine mantelpiece at Hirschl & Adler ($125,000), made around 1812, is carved with fans, petals, pointed arches and pillars that taper to impossible thinness.
The Bernanke Fed did worse, getting a grade of 2.1 in late 2013, when they did not begin to taper the Fed's bond purchases in September as markets had expected.
BC: So it won't last forever, but again, we didn't have that discussion yesterday, it's too early to have the discussion on when it ends, and even when we taper.
When Bernanke made those plans public it triggered a "taper tantrum" spike in market interest rates in the summer of 2013, forcing Bernanke, Powell and others to do damage control.
"I've enjoyed training while pregnant and haven't felt like it's more effort – it's just a motherly instinct to taper particular movements as you feel the body change and ability lessen."
David Williams, CEO of Williams Capital Advisors, told CNBC's "The Rundown" the absence of the massive election bump could see the social network's numbers taper in the current financial year.
On Saturday, World Health Organization officials said new cases have begun to taper off in recent days, though the overall death toll and number of infected patients continues to rise.
Laudable promises to help households that are only "just about managing" amounted chiefly to a very slight easing in the rate at which benefits taper away as their income rises.
"Even with a slow taper from a drug with a relatively long half-life, these people had significant withdrawal symptoms such that they had to restart the drug," she said.
Mortgage rates recorded their steepest weekly increase since June 2013 during the "taper tantrum" with traders dumping bonds worldwide in reaction to Trump's surprise U.S. presidential win on Nov. 6.23.
But the CDX, or credit default swap index, emerging market spreads widened by 252.2 basis points during the taper tantrum, compared with just 363 basis points during the Trump Tantrum.
In part, this was because of a few tweaks Worldcon made to its Hugo nominee rules that were meant to taper the "bloc ballot domination" that was these groups' trademark.
U.S. 10-year bond yields rose more than 100 basis points during the so-called "taper tantrum" of 2013 as investors positioned for a scaling back of U.S. monetary stimulus.
Alexis De Mones, head of fixed income at Ashmore, believes they are far more resilient to rising U.S. rates now than they were at the time of the 'taper tantrum'.
This initial dip in traffic will no doubt taper over time, since users will still seek a solution to discover and consume publisher content, even if Facebook is not it.
Sales of the Wii U and the handheld 363DS continue to taper off as expected, but the next big thing from Nintendo — the NX console — won't arrive until March 2017.
Economists polled by Reuters expect bond purchases to end this year after a short taper and see the first rate hike since 2011 sometime in the second quarter of 2019.
"Because the Fed has been talking about the taper for four years, people have heard enough about it," Chris Leonard, head of U.S. rates trading at Barclays PLC, told Reuters.
But critics fret that setting a range, such as 70-90 trillion yen, may give markets the impression the BOJ is having trouble buying bonds and might taper future purchases.
Roberts is a Netflix and taper kind of gal, while Brooks is a proponent of reading running-related books and putting together a race-day game plan during extra downtime.
The reduced political uncertainty in the euro zone coupled with stronger inflation and solid economic figures could kick off the discussion on how and when the central bank should "taper".
Without increased access to medically assisted treatment, which involves using medications like buprenorphine and methadone to help taper opioid use, this trend could only be expected to grow, he said.
ING senior rates strategist Martin van Vliet said the taper talk is a double whammy for lower-rated South European bonds, viewed as key beneficiaries of ECB bond-buying stimulus.
SINCE YOU TOOK OVER, THE HEAD COUNT IS DOWN 74,000 SINCE 2009 OR 26% DOES THE PACE OF THAT HEAD COUNT REDUCTION CONTINUE OR DOES THAT TAPER OFF AS WELL?
The video introduced one of the most formidable trends in hip-hop fashion: "Hammer pants," billowy and often colorful trousers that droop in the waist and taper at the leg.
Worst hit is Turkey TRY23MO= where "vol" has surged above 15 — beyond levels hit during the May 2013 sell-off that has come to be known as the taper tantrum.
As such, proposals to force taper select patient groups to a pre-specified dose limit, or completely off their pain medication(s) stand in direct opposition with the CDC recommendations.
In the third quarter of this year, real estate prices in major cities rose 22012 percent on an annualized basis, dashing some experts' predictions that they were starting to taper.
Markets now expect the bond buys to end in December after a short taper and see rates rising sometime around mid-2019, projections most policymakers say they are comfortable with.
MUMBAI (Reuters) - When Fed taper fears jolted emerging markets in 22013, India was one of the worst hit and was forced to raise interest rates to underpin its tumbling markets.
Slowly, the yearly malaria episodes began to taper off, and in his second-last year of medical school, at the age of 25, Lusingu had his final episode of malaria.
The wet season for central and southern Brazil – where most of the safrinha corn is grown – starts to taper after March and the dry season generally settles in by June.
Most people who decide to taper from similar doses outside of prison do it over several months, or even a couple years, based on how well they tolerate each decrease.
The soft activity data, combined with weak manufacturing sector growth and slowing producer prices inflation, reinforced analysts' view that China's economic expansion remains solid but is starting to taper off.
Both Wien and Fels pointed to potential risks at a time the economic expansion, now nine years old, is likely to slow, while corporate earnings are also expected to taper.
The ability of bond markets to absorb heavy selling has become a major topic of debate between banks and central banks following "taper tantrums" or huge volatility in bond markets.
In 2013, bond markets globally sold off after the U.S. Federal Reserve suggested it would start to wind down its QE programme, in what became known as the "taper tantrum".
"I think what's interesting in this bull market is the best year for stocks was 2013, when you saw the 'taper tantrum,' 100 basis points higher in yield," he said.
Of those 20 economists who said the central bank will taper its monthly asset purchases to signal monetary policy tightening, most expect that to be happen only early next year.
Bond yields - which have been edging up in recent weeks after media reports that the ECB might "taper" or scale back its scheme - nudged higher with the strengthening single currency.
By 1997, the "alternative rock" bubble of the early 90s hadn't exactly burst, but the guitar bands that dominated the first half of the decade had started to taper off.
Morganlander worried that what he saw as stretched valuations for big-cap tech companies could cause analysts to taper their expectations for upcoming quarters, with global growth worries providing additional overhang.
In May 2013, after a mere suggestion of an imminent reduction or "taper" of bond purchases by then-Federal Reserve Chairman Ben Bernanke, yields skyrocketed in a span of four months.
"Given that the market is wary of consequences, like the yen appreciating should the BOJ taper its JGB buying, a major change to their debt-purchasing scheme seems unlikely," Inadome said.
This week was marked by speculation that the BoJ is considering further tweaks, and that it may taper its quantitative-easing policy sometime this year—much earlier than had been expected.
To wind the prescription down safely, he began opening the capsules, removing a few beads of the drug each day in order to taper off — the only way out, he decided.
This pressure has been somewhat mitigated by the growth in generic penetration over the last few years, though this is expected to taper off given a lighter calendar of branded expirations.
While the display itself isn't curved, a la Samsung's handsets, it does taper on either side of the display in a manner akin to what you'll find on the Google Pixel.
In the late 2000s universal credit's proponents recommended a "taper rate" of 55%, meaning that for every £1 of extra earnings, claimants would see only a 563p cut in their benefits.
The ECB faces a scarcity of eligible bonds it can buy for its unprecedented 2.55 trillion euro ($3 trillion) stimulus scheme, strengthening the case for a taper sooner rather than later.
Capital Economics said the labor- cost data reinforced its view that the ECB would set out plans next month to taper its assets purchases in the first nine months of 2018.
It's possible some people with mild depression felt better without medication, for example, or that some people started cutting back on doses to gradually taper off their antidepressants before stopping altogether.
Investors also point to rising inflation expectations pushing up bond yields and the potential for a sharp rise, or "taper tantrum", should central banks begin to rein in accommodative monetary policies.
In May 2013, anxiety over the potential the Fed might cut down on quantitative easing led to the "taper tantrum," causing the S&P 500 to fall by almost 6 percent.
The European Central Bank (ECB) is also expected to announce plans in coming months to taper its asset purchases as growth picks up on the continent, according to a Reuters poll.
"Psychologically, 2 percent inflation could be important and there will be more pressure building on the ECB to taper, especially if the economy continues to grow," said KBC strategist Piet Lammens.
The 2018 sell-off was larger than during 2013's taper-tantrum, when investors dumped emerging market assets after the Federal Reserve hinted at a reduction in stimulus, IIF data shows.
The Fed has yet to offer details on the amount it plans to taper its reinvestments in U.S. Treasuries and mortgage-backed securities and a desired size for its balance sheet.
Though business tends to taper off in the later evening and early morning hours, Malhotra usually keeps cruising, hunting for those elusive fares, not returning home until 3 in the morning.
Simon Derrick, chief markets strategist at BNY Mellon in London, said after nearly 14 years of unremitting inflows into Treasuries, demand began to taper off from the summer of 2014 onwards.
The euro was steady at $1.1201, supported by higher European bond yields on concerns the European Central Bank might taper the pace of bond-buying before its asset purchase programme ends.
He doesn't raise his voice; graininess thickens his tone at vulnerable moments, then ebbs away, and his phrases are far more likely to taper off than to push toward a peak.
In fact, it's thinner, at 0.58 inches, than the MacBook Air's thickest point of 0.61 inches, but it doesn't taper down as the MacBook Air does, so it's still thicker overall.
LEE: YOU'RE NOT WORRIED THAT THE RISING RATES WEVE SEEN AROUND THE WORLD THE MARKET JITTERS WE HAVE SEEN, THAT THATS THE START OF SOME SORT OF TAPER TANTRUM PART TWO?
New Jersey's decision to rejoin the group follows a handful of recently released studies that warn of the dire effects of climate change if greenhouse gas emissions do not taper off.
They fit a familiar pattern: trouble with weed while in school before age 16 or in their late teens and early 27s, but their habits taper off as they got older.
"Psychologically, 2 percent inflation could be important and there will be more pressure building on the ECB to taper — especially if the economy continues to grow," said KBC strategist Piet Lammens.
The review also only looked at patients who volunteered to taper off opioids, meaning this research does not prove that involuntarily pulling patients off the drugs will lead to similar outcomes.
ABIDJAN (Reuters) - Insufficient rain in eastern and western regions of top cocoa grower Ivory Coast could cause the April-to-September mid-crop to taper off early, farmers said on Monday.
At Brink's, Mr. Cunningham said the uptick in cash requests had so far come mainly from the biggest banks and might taper off as more customers hole up in their homes.
Goldman Sachs, for example, forecasts that the annualized growth rate will fall to 3.3 percent in the third quarter and then taper down to 1.5 percent by the end of 2019.
Make Music New York had a day of outdoor performances and parades planned across the city, some of which will still happen despite the weather (rain should taper off by evening).
"Putin and Salman will most likely reach, but not announce, an agreement to extend the OPEC/non-OPEC production deal, though with a commitment to taper the cuts," said Eurasia Group.
It all starts to taper off the closer one gets to the block with the strip joints, to the chagrin of the real estate agents dreaming of lofts and coffee shops.
Available in a wide range of sizes and styles, from simple, single-taper designs to elaborate, multi-armed candelabra, candlesticks set the stage for a minimalist dinner or a maximalist party.
And history shows that tourism arrivals surge when a country is elected to host the games — only for them to taper off in the year of the event, Thieliant told CNBC.
That includes the Russian default and Asian debt crisis of 1998, 9/11, the dot-com bust, the Lehman bankruptcy, the Taper Tantrum and the Chinese market panic of August 2015.
The new tapering guide goes deeper, detailing the potential harms to patients who abruptly stop taking opioids and laying out factors to consider and steps to take before starting a taper.
The fact that the 10-year is trading closer to 3 percent is probably due to continued large purchases of Treasury bonds by the Fed, which are going to taper off.
Musk added the company's stock price reflects a "lot of optimism" and that he has tried to taper expectations, but has found that "quite tough" when euphoria is running this high.
Maybe, just maybe, steps taken by brands like Rebecca Taylor will move the dial and force competitors to work harder to taper the already-detrimental effect of fashion on the environment. 
"There was a belief that it would taper off, but she has worked for two years — it's incredible," said Larry Huynh, a partner at the left-leaning consulting firm Trilogy Interactive.
One Google software engineer told The Intercept he suspected that Pichai might be waiting for the outrage over the project to taper off before starting the plans again under a new codename.
But in Western Pennsylvania, most of the charges brought by the program's prosecutors involve the addiction treatment Suboxone, which uses a mild opioid to help people taper off of more potent ones.
TOKYO, Oct 21 (Reuters) - The euro dropped to seven-month lows on Friday, a day after the European Central Bank quashed any speculation that it planned to taper its stimulus anytime soon.
The euro was also steady at $1.1206, supported by higher European bond yields on concerns the European Central Bank might taper the pace of bond-buying before its asset purchase programme ends.
This came to be known as the "taper tantrum," with emerging market (EM) currencies tumbling as investors started to bring their dollars back to the U.S. in anticipation of higher interest rates.
This is their biggest net selling since May 13, when U.S. bonds crashed on suggestions from then Federal Reserve Chairman Ben Bernanke that the central bank could taper its bond buying programme.
Likewise, when the Federal Reserve caused the so-called taper tantrum when it looked like it was going to withdraw stimulus from the global economy in 210, Asian currencies took a hit.
Markets have pushed back rate hike expectations from next April to June 2019 but analysts polled by Reuters still overwhelmingly expect the bond buys to end this year after a short taper.
The mini taper tantrum in Europe, which began as rumors circulated about a reduction in the ECB's bond buying program (later clarified in the dated minutes of their last meeting), pressured prices.
She not only imbues them with that gradual taper that gives most plant life its Fibonacci orchestrations, she simultaneously reconfigures them like tentacles capable of communicating, not by feel but by gesture.
The phone's made of 250 percent glass and its curved glass edges on the front and back taper into the metal frame at a much flatter angle than on the Galaxy S9.
Chipotle: The fast-casual Mexican chain is approaching the 18-month mark at which health-risk concerns begin to taper out, which is good news for the company moving forward, Cramer said.
"Warmest condolences" will be tweeted to families of those who lost their lives, minutes of mourning will pass and murmurs of mental health issues and lone-wolf actors will taper into silence.
Draghi's June 27 comments in Sintra, Portugal, hinting at the possibility of changes to the central bank's aggressive stimulus sparked a "taper tantrum" that sent the euro and bond yields sharply higher.
Sharp features a slim fit that's more precise to your true size, Taper is the brand's take on skinny jeans, and Automatic is designed to be mobile and forgiving, but never sloppy.
But if Trump orders buyers to immediately cut off Iranian crude imports, Tehran's oil exports are more likely to taper off by year-end, RBC said in a research note on Friday.
The shirts tend to taper in a bit under the bust, which lends itself to a slightly more feminine feel, so if that doesn't feel right for you, I recommend sizing up.
"Putin and Salman will most likely reach, but not announce, an agreement to extend the OPEC/non-OPEC production deal, though with a commitment to taper the cuts," said consultancy Eurasia Group.
Tuesday brings an onslaught of over 30 major earnings reports including Chipotle's, and the fast-casual chain is approaching the 18-month mark at which health-risk concerns begin to taper out.
Kuroda dispelled market concerns the BOJ may taper its asset purchases, saying it would continue to buy bonds at the current pace for the time being with inflation distant from his target.
"Snow will continue to taper off to flurries and then end this morning," the NWS Chicago office said in a statement, warning drivers to be cautious on slippery roads with low visibility.
That includes not only the physical pain of an ill-advised rapid methadone taper, but also the aftermath of childbirth—for which she reports having received no aftercare from the prison staff.
Developed at the Taper, it was hailed as a landmark in the history of Hispanic drama in the United States and played to packed houses for a year before transferring to Broadway.
The study found that the cumulative jobs deficit because of uncertainty spikes from 2010 to 2013 (euro debt crisis, US debt ceiling, taper tantrum) was the equivalent of 16,000 jobs per month.
The European Central Bank extended its bond-buying campaign, as analysts had expected, but in cutting the size of its purchases, it brought to mind a loaded word in financial circles: taper.
That may taper off because of the election of Donald J. Trump, whose views on immigration have made American relations with Mexico less certain, and the rise of crime in the nation.
"I think they'll start to taper it down, and I think they'll be very deliberate and prescriptive about how they're going to do that," said Rieder, BlackRock's global CIO of fixed income.
Economists polled by Reuters ahead of the meeting expected bond purchases to end this year after a short taper and to see the first rate increase in the second quarter of 2019.
India was one of the Asian economies that were badly hit by a wave of selloffs in 2013 — called the "taper tantrum" — after the Fed suggested it would start tightening monetary conditions.
While most taper at the foot, the Kayenta features a more natural foot shape that&aposs wider at the toe box than at the heel to allow your toes to spread out.
"The main takeaway is that nothing has changed in the ECB's policy stance and they remain on course to taper later in the year," said Marchel Alexandrovich, European financial economist at Jefferies.
She gained the money to fuel her collecting after she married Barry Taper, a scion of a prominent Los Angeles family whose father made a fortune in the savings and loan business.
"The rising price of fuel and other input costs is likely to see airlines' ability to stimulate markets with lower fares taper over the coming months," IATA Director General Alexandre de Juniac said.
Another is that the board's battery will never just drop dead; once it reaches a certain threshold, it will taper the power output so that you're not stuck riding a totally dead board.
That's when I experienced my first withdrawal; I brought pills with me, and I thought that I could just taper down the amount I was using to get by for a whole week.
Here's a look at what you can expect in some of the area's affected by Inga's path as it continues through Wednesday night, which is when the storm is expected to taper off.
Mortgage rates also spiked in the summer of 2013, during the so-called taper tantrum when the Federal Reserve indicated it would start raising rates and stop pouring money into mortgage-backed securities.
However, as the poor performance between May 2013 and December 2015 shows - triggered by the taper tantrum and continued thanks to the slump in commodity prices - investors can get their fingers' badly burned.
The same thing happened after rates jumped in 2013, following the so-called taper tantrum, when the Federal Reserve indicated it would reduce the amount of money it was putting into the economy.
The DoubleLine Total Return Bond Fund's largest and second-largest net outflows for a month, -$2.2 billion and -$2.0 billion, were posted respectively during the taper-tantrum months of December and September 2013.
Two months later, his plastic surgeon advised Mr. Rieder to taper off opioids within four weeks, leading to intense withdrawal symptoms, including nausea, flulike symptoms and extreme restlessness that prevented even short naps.
In his first months as a Fed governor back in 2012, Powell was among those who pressured then-chair Bernanke for more clarity on his plan to "taper" the central bank's bond buying.
Prior to August 2015, the VIX had not seen six straight rises since during the December 2013 period leading up to the Federal Reserve's announcement that it would taper its bond buying program.
The collapse in commodity prices that undid Venezuela was accompanied by a sharp reversal of capital flows to emerging economies that began in 2011 and gathered pace during the "taper tantrum" of 2013.
Travel 25km (six miles) east of Lyon, to Décines-Charpieu, home to the brand-new Groupama stadium for the Olympique Lyonnais football club, and Mr Macron's second-round majority begins to taper off.
He said influenza activity had begun to taper off in some parts of the United States, particularly in California and other states on the West Coast, but the season was far from over.
As other major central banks look to follow suit four years on, "Taper Tantrum II" is unlikely to pack the same shock value - at least not for developing economies jarred by the original.
A study published this week in the journal Annals of Internal Medicine bolsters this idea, finding that chronic pain patients who taper off opioids can have a better quality of life without them.
In May 2013, EMs saw a "taper tantrum" with their currencies tumbling as investors started to bring their dollars back to the U.S. in anticipation of higher interest rates and a better yield.
A glance to the U.S. — where hyped companies like Uber, Lyft and others have seen prices taper off — shows clearly that early demand and sustained stock performance are not one and the same.
The myth and popular image of "the taper" persists, even though there haven't really been tapes since the early 2000s, when most tapers switched from DAT to laptops and finally to portable drives.
Lelena Peacock, a pain patient who has spent much of her time lately trying to help people who've become suicidal after losing access to medication, recently experienced an abrupt and involuntary taper herself.
A slower news cycle has had little to no effect on stocks save for the potential for a December interest rate hike by the Federal Reserve to taper the strength of the economy.
In 2013, for instance, munis sank during the "Taper Tantrum," when yields spiked after the Fed suggested it might scale back a massive bond-buying program it was using to stimulate the economy.
Experts recommend that people with substance abuse problems enter a treatment program, either in a hospital or community-based setting, where they can taper their use of alcohol or drugs under medical supervision.
And he says he finds that many people who are able to cut down consumption thanks to prescription medications do eventually taper their use until they're drinking very little or not at all.
With bonds seeing $1.43 billion flee in the past six weeks and gold shedding $7 billion over four weeks, these are the most intense redemptions since the 2013 "taper tantrum", the data showed.
Investment-grade, high-yield and emerging- equity saw the biggest drawdown since the 2013 'taper tantrum' — the U.S. Federal Reserve's first hint it would reduce a stimulus program installed during the financial crisis.
The Windsor is, for woodworkers, the radical opposite of another colonial-era staple, the ladder back, with its woven rush seat, severe right angle and thick dual spindles that taper into back legs.
Even as the rate of new infections appeared to taper in China, the number of cases around the world continued to rise on Sunday, with some of the biggest clusters emerging in Europe.
If that were to happen, she would be forced by the clinic to rapidly taper off methadone — which can bring back excruciating withdrawals and cravings, a combination that itself often leads to relapse.
Unknown to her family and her obstetrician, she had been taking Percocet since before becoming pregnant, and had hoped to taper off the pills on her own rather than go back on methadone.
The so-called "taper tantrum" of 2013, in which markets reacted abruptly to hints of the end of bond-buying, marked the reversal of that trade and hit EM currencies and stocks hard.
Among her favorites was performing in the play "The Immigrant" at the Mark Taper Forum in Los Angeles and "Night Mother" at the Arena Stage in Washington, D.C., for which she won an award.
For a few of them it would have been their first race too, so they are kind of seeing how they are with the taper and adjusting things as they need to be adjusted.
He urged that patients work with their doctors to "taper off" — to wean themselves by taking shrinking doses — and said the company could not provide specific withdrawal rates because it did not have them.
"The referendum result could put the ECB under pressure not to taper the asset purchase programme but to extend it for six months beyond March (in its current form)," ING strategist Benjamin Schroeder said.
"Whether it is now or whether it is next year, the taper tantrum risk is likely to resurface," said Mike Swell, co-head of global fixed income portfolio management at Goldman Sachs Asset Management.
Back in 2013, the Federal Reserve started to reduce its bond buying, an episode known as the "taper tantrum" which eventually pushed ten-year bond yields to 3%; for context, they are now 2.58%.
"Future progress toward the global poverty goal is likely to taper off in coming years if an acceleration in current poverty reduction trends does not take place in Sub-Saharan Africa," the report concludes.
LONDON (Reuters) - The return of worries over a global trade war has triggered the biggest outflows from emerging market stocks since the June 2013 'taper tantrum', the Institute of International Finance estimated on Friday.
If we buy fewer dogs and cats from breeders and pet stores, the pet population boom might gradually taper off, and the numbers of abandoned animals in shelters should start to decline as well.
Another study last year supported a push by the CDC and other health experts to taper chronic pain patients off opioids when possible, saying they may have a better quality of life without them.
With interest rates in the U.S. set to rise further, India — one of the biggest victims during the "taper tantrum" in 2013 — has once again found itself defending against large amounts of capital outflow.
While the analysis found that a large number of households would see a tax cut in the early years after the GOP tax plan was passed, eventually the benefits would begin to taper off.
The euro has come under renewed pressure after the European Central Bank last week kept the door open to more stimulus in December and doused speculation that it would taper its asset buying programme.
Thirteen economists forecast the central bank would taper its easy monetary policy during the first half of 2019 and seven think that would happen in the latter half of next year, the poll found.
In 2014, during the so-called Taper Tantrum, investors took out more than a trillion dollars from the likes of Brazil and India, fearing an eventual rise in interest rates in the United States.
In that way, President Barack Obama was good for the gun-rights cause — and it was perhaps inevitable that, having labored to get Mr. Trump elected, the N.R.A.'s fund-raising would taper off.
Back in 2013 during the so-called taper tantrum, global investors pulled billions of dollars out of emerging-market economies after the Fed indicated that it would pull back on its expansionary monetary policies.
In the high-dose situations, health care providers can taper their patients off opioids entirely or to a lower dose — a process in which a dose is reduced over an extended period of time.
In other Japan-related news, the Bank of Japan began its two-day monetary policy meeting and is expected to keep policy steady and assuage fears that it may taper off its massive stimulus program.
Zonnic is marketed as a product to help stop smoking, and its FDA-regulated packaging (like any drug) includes detailed directions on how to use the product over 12 weeks and taper off nicotine consumption.
Bond markets panicked over the Federal Reserve's talk of removing life support from the economy in 2013, a "Taper Tantrum" that led to $59 billion in withdrawals from the funds that year, according to ICI.
The episode has been dubbed the "Trump tantrum" in tribute to 2013's similar "taper tantrum" when the Federal Reserve signalled it would reduce the pace of its bond-buying programme, known as quantitative easing.
But finance ministry figures show that Beijing has begun to taper the amount it lends to Ethiopia in recent years — from $1.47 billion in the 12 months from July 2014 to $630 million in 2017.
He also reduced the "taper rate" on universal credit (a big working-age benefit, to be rolled out fully by 2022), meaning that as people earn more, their benefits are withdrawn at a slower rate.
The first big round of post-crisis appreciation took place in 22010, in the wake of the "taper tantrum", as the Fed phased out the stimulative bond-buying it had undertaken in the early 21s.
Although it can be beneficial to collaborate with a patient on a slow and careful taper, unilaterally reducing a patient's dose can cause harm by forcing withdrawal or by incentivizing a switch to illicit drugs.
Most notably, Rhode Island has increased access to medication-assisted treatment — in which people with an opioid use disorder can receive a less dangerous opioid to taper them off their dependency — for people in prison.
"One shouldn't focus excessively on the sole instrument of monthly net asset purchases: whether we end them in September or taper them somewhat more gradually is not a deep existential question," Villeroy said in Dublin.
Yeah, it's just when I thought my career was supposed to be starting to taper off, I've never had more of a career resurgence at a time when most people were saying, 'Pack it in.
These implementation and restructuring costs are expected to taper off by the end of the year, as it severs most of its ties with Johnson & Johnson, according to credit ratings agency Moody's Investors Service Inc.
For most of the post-crisis decade, particularly since the "taper tantrum" in May 2013, financial markets have wagered that slow growth, low inflation and fragile markets will prevent the Fed from tightening policy much.
"I was harassed from the minute I made my account, and though I expected the 'shut up wesley's and 'go fuck yourself's to taper off after a day or so, it never did," he wrote.
Assets in Europe received their first "taper tantrum"-style jolt on Tuesday afternoon with a report that policymakers at the European Central Bank (ECB) were looking at winding back its trillion-dollar bond-buying program.
Wall Street may tolerate that decline for the time being, but it's going to have to taper off at some point if Google is going to show it's going to be a strong core business.
Schwandner's team used OCO-2's kilometer-scale resolution imagery of Los Angeles to reveal how the city's anthropogenic carbon dioxide emissions peak over its most densely populated centers, and taper off in suburban areas.
The Fed also provided some details on how it could taper back its balance sheet, an expected move that would include a steady increase in the level of securities it would roll off each month.
"There is a risk that growth could taper off immediately after the election, particularly in 2017, if the new administration advocates sharp policy changes," Joseph Incalcaterra, economist at HSBC, wrote in a note last month.
"It will have more of an impact in terms of the way that federal policymakers handle this, in terms of whether negotiations accelerate on a potential settlement, whether it accelerate or taper off," Jacobs said.
In this region, the mountains taper into an area of rolling, grassy hills eerily dotted with the ruins of Azerbaijani villages, their inhabitants long ago dead or driven away as refugees from the last war.
"Liquidity from Chinese lenders may start to taper off in the second half of this year to protect their US dollar liquidity," said John Corrin, global head of loan syndications for ANZ in Hong Kong.
"As long as the current inflation environment remains in place, we do not expect the BoJ to taper at any faster of a pace as it tries to avoid Japanese yen appreciation," Gartside told CNBC.
Sports cars tend to see more sales at the beginning of their typically five- to six-year life cycle, and then they taper off, so this a way of keeping that momentum going, Brinley said.
The optimistic case is that supply and demand will taper down in tandem, and that the price of oil will fall along with the cost of producing the last barrel needed to satisfy ebbing demand.
"A distinct and explicit shift to (ECB) 'taper' will probably have more impact than watered down Fed, given the likely dovish spill over to other central banks too," said Vishnu Varathan, economist at Mizuho Bank.
The sources said there was unusual unity among ECB rate-setters about ending the bond purchase scheme after a short taper, and that the real debate would be about the future path of interest rates.
Goldman Sachs said that "depending on the duration of the crude downcycle," Chevron could taper its buyback programme while Exxon Mobil Corp could slow down its $33 billion spending plans in 2020 and dividend growth.
Flanking the ensemble on either side are walls of a sort that gently taper down from the rear of the orchestra toward the front of the stage, from about 16 feet in height to eight.
"Given the well-choreographed and gradual adjustment, we expect that asset markets will avoid another 'taper tantrum,' the sharp and disruptive rise in yields that occurred in 2013," Kostin wrote in a note to clients.
The space opens up as you enter the dining room, with chandeliers that look like concentric rings of votive candles suspended above the white tablecloths, each of which is set with a single white taper.
Traders are also watching the European Central Bank which is not expected to move rates but could discuss its plan to taper back on asset purchases, or its quantitative easing program, later in the year.
"The last precedent we had for this kind of move in rates was in 2013 during the so-called Taper Tantrum, when rates went from 1.66 percent to 3.25 percent in four months," Miller said.
Back then, India suffered from chronic inflation, high oil prices and an unsustainable current-account deficit, fragilities that were all cruelly exposed by a sudden deterioration in global investor sentiment known as the "taper tantrum".
Layer in continuing ECB taper-talk, and some scepticism about the possibility of the Bank of England raising rates this year, and the euro could strengthen further against the pound in the remainder of 2017.
TOKYO, May 26 (Reuters) - St. Louis Federal Reserve President James Bullard said on Friday that the Bank of Japan must communicate carefully with markets if it decides to taper its purchases of Japanese government bonds.
While the rise in rates has begun to taper, more signs of a strong economy — particularly wage inflation — could prompt the Federal Reserve Board to move more quickly than expected in raising short-term rates.
"A forced taper may be something you need to begin or attempt when you see harm that is either equal to or in excess of the benefits of your treatment," Kertesz, of Alabama, told me.
The Bank of Japan has signaled that its bond purchases may eventually taper as it shifted to a yield-curve control paradigm in September, targeting keeping the benchmark 10-year Japan government bond yield at zero.
JC: But do you worry, given the environment in Europe that you're literally just going to have to keep up with the stimulus, that you're not going to be able to taper, as you're talking about?
Only 1 in 10 people physically dependent on opioids who wants to start medication assisted treatment to taper their dependence — the gold standard for recovery — can now find an open bed immediately in a treatment center.
But after the reaction to his June 21 speech in Sintra, Portugal, hinting at the possibility of changes to the central bank's aggressive stimulus, ECB President Mario Draghi will be wary of sparking another "taper tantrum".
There have been some sudden jumps in yields in recent years—the "taper tantrum" in 2013, when the Fed started to reduce its QE programme; and a surge in German bond yields in 2015, for example.
There were a few instances of divergence, such as 2013's "taper tantrum" and former Chair Janet Yellen's first news conference, when markets worried that the Fed was going to tighten policy more aggressively than expected.
"The dollar's problems began last week, when investors sold the dollar on expectations that the Bank of Japan might begin to taper its stimulus," said Mitsuo Imaizumi, Tokyo-based chief foreign-exchange strategist for Daiwa Securities.
But that pattern, since dubbed the "taper tantrum," is unlikely to be repeated even as the Fed begins to unpack its $4.5 trillion of bond holdings and looks set to keep hiking interest rates, analysts said.
Witness the market mayhem exacerbated by trend-following algorithms when Switzerland's central bank scrapped its currency peg in 2015, or the taper tantrum in 2013 when the U.S. Federal Reserve said it would stop buying bonds.
"This puts the ECB in the camp of a 'dovish taper' and contributed to a classic case of buy the rumor and sell the fact for the euro," OCBC Treasury Research said in a morning note.
The Federal Reserve raised rates three times last year, while the Bank of Canada tightened policy for the first time in seven years and the European Central Bank has signaled it could start to taper soon.
The famous "taper tantrum" — the market reaction to Chairman Bernanke's announcement that the Fed was planning to slow down and gradually end its asset purchases back in 21625 — raised mortgage interest rates a whole percentage point.
According to London-based research company Euromonitor, global lip products (which account for lipstick, lip gloss and liner) are projected to jump 18 percent between now and 2022 – even with global growth expected to taper off.
Despite the strength of the common currency and prospects for further gains on expectations of a turn in monetary policy, the European Central Bank has signalled it is gearing up to taper its massive stimulus programme.
Those included a balcony whose ends taper to the side walls; spacious backstage rooms; and a so-called green roof, like the one at Barclays Center, in which sedum growing atop the building help absorb noise.
"The taper tantrum left scars on anybody who was working at the Fed at that time," Mr. Powell said at a joint appearance in Atlanta with Mr. Bernanke and the former Fed chairwoman Janet L. Yellen.
And, a Spring 2019 survey from Piper Jaffray found that Supreme was Generation Z's 10th favorite brand, though the bank's analysts have noted that the brand's popularity might finally be starting to taper off with teens.
Despite Obama's efforts to divert the flood by creating a program to fly alien minors straight from their home countries, the level of illegal entries failed to taper off and it remains at record highs today.
A horse's leg is an intricate network of ligament and bones—some as small as a walnut, others that taper down to the width of a Q-tip—all of which support their relatively massive frame.
"If we're getting these kinds of moves for a shock that's really quite a bit smaller than the 'taper tantrum,' it makes me quite worried," said Robin Brooks, chief economist at the Institute of International Finance.
Bond markets are having an increasing impact on FX and equity markets, the strategists said, drawing parallels with moves seen in 2013 during the so-called "taper tantrum," when Fed signals about withdrawing liquidity hit markets.
It recalls the so-called taper tantrum in the United States in 2013 after Ben S. Bernanke, then the chairman of the Federal Reserve, suggested that the American central bank would begin reducing its asset purchases.
But the musical, by Luis Valdez, was a distinctly Los Angeles production: It was commissioned by the Mark Taper Forum and portrayed a 1940s murder trial involving zoot-suit-wearing Mexican-American youths known as pachucos.
But the musical by Luis Valdez was a distinctly Los Angeles production: it was commissioned by the Mark Taper Forum and portrayed a 1940s murder trial involving Mexican-American zoot-suit-wearing youths known as pachucos.
But even though Corbus, which receives funding from the Cystic Fibrosis Foundation and the National Institute of Health, did not disclose the cost of the deal, Cohen said the cost shouldn't taper investors' enthusiasm about Corbus.
Other research recently presented at a major health services conference showed that 30 percent of those who were made to taper completely were dead within six months, though the data didn't show the cause of death.
Treasury and Bund yields holding near two-week highs on ECB Taper chatter and Hawkish headers from Lacker and Evans (Both Non-Voters) - Fed Funds remain at a recent high 61% chance of a December Hike.
One prong is President Donald Trump's tariffs, which are set to rise to 25 percent at the end of 2018, and the other represents the Fed's rate hikes, which aim to slow economic activity and taper inflation.
But unlike during the taper tantrum of the second half of 2013, DoubleLine enters the next rising-rate period with multiple strategies and track records of three years or longer designed for investors fearing still higher rates.
"The groundwork is now explicitly laid for a 2019 taper, and possibly cessation of run-off by the end of the year," said Jon Hill, vice president of the U.S. rates strategy team at BMO Capital Market.
When a patient comes into the St. Gabriel's emergency room with a 10-year-old prescription for painkillers, they aren't just cut off cold turkey; a plan is created to taper them down to a safe dose.
Other emerging markets also reacted badly to America's election result, prompting talk of a "Trump tantrum" to match the "taper tantrum" after May 22017, when America's Federal Reserve began musing about reducing its pace of asset purchases.
Across the country, clinicians have changed their prescribing practices, requiring that patients taper abruptly to a lower dose or discontinue their opioid medication altogether, sometimes under threat of being "fired" from their clinic if they don't comply.
For the final lines about a lover's tears falling like spring rain in a motionless night, the orchestra produced just a whispered spray of sound, leaving Ms. Arnold to gently taper her last note in gorgeous desolation.
Each September, new college students would get easy access to the network, leading to an uptick in low-value posts which would taper off as the newbies got a sense for the culture of USENET's various newsgroups.
The bank's rate-setting council met on September 7th, as The Economist was going to press, and was expected to keep interest rates unchanged and to put off a decision on how to "taper" its bond purchases.
The average quantity of these government bonds that can be traded at the best bid and offer prices remained below levels seen before the crisis and 2013 "taper tantrum" but above levels during the crisis, they said.
The "taper tantrum" of 1.803, when the Fed said it would reduce bond purchases, also sent yields higher and hurt the dollar, while yield increases on Fed rate hikes since late 2016 have weighed on the greenback.
My fitness level had been climbing since early July, and it had leveled off the past 10 days while I had started to ease off my training in the blissful part of marathon prep called the Taper.
But higher yields and a stronger dollar also pose risks, especially to emerging markets, even though some EM equity and credit markets held up better than they did at the time of the taper tantrum in 2013.
"If you look at the fundamentals this time around, you have a better situation than you had, for example, around the time of the 'taper tantrum,'" said Sonja Gibbs, senior director at the Institute for International Finance.
In May 20143, emerging markets recoiled in horror as the U.S. Federal Reserve signalled it was time to stop pumping them full of new cash, bearing the brunt of a "Taper Tantrum" that rippled around the globe.
Earlier this year, Gartner said the global public cloud services market is expected to grow 18 percent in 2017 to $246.8 billion, up from $209.2 billion in 2016, but may taper off over the next few years.
BitTorrent naturally serves as the backbone of the serious-minded 21st century taper network, with recordings spread across torrent sites like Dimeadozen, Lossless Legs, and the Traders' Den, with the music spreading to other services from there.
Bloomberg says the laptop, which is still expected to come in 13- and 15-inch models, will be "slightly thinner" than the current version, maintaining its level top and bottom rather than adopting an Air-style taper.
Dai Jiaquan, head of oil research at CNPC's Economic and Research Institute expected the diesel rally to taper off in a month or two as larger refiners are maximizing runs to cash in on the bumper margins.
Jonathon Rigby, William A. Featherston and Joseph Head, analysts with UBS, predict OPEC may look to taper production cuts or extend the deal in some way to avoid flooding the market in the second quarter of 2018.
"The groundwork is now explicitly laid for a 2019 taper, and possibly cessation of run-off by the end of the year," said Jon Hill, vice president of the U.S. rates strategy team at BMO Capital Market.
This could trigger a sell-off that could be as bad or worse than the 2013 market rout - the "taper tantrum" - when the U.S. Federal Reserve began tapering its massive bond-buying programme, according to fund managers.
"The BOJ and the ECB are the ones with the long-standing structural weaknesses and there are bigger fears about the risk of a taper tantrum," said Chris Scicluna, head of economic research at Daiwa Capital Markets.
LONDON (Reuters) - After months of fretting about the impact on euro governments' relative debt costs when the European Central Bank eventually runs down its bond-buying program, the expected quake never happened as the "taper talk" began.
"I think the Fed wants to leave the door wide open for a September taper and in so doing, they'll want to make sure the market doesn't further increase its sensitivity to the inflation numbers," he said.
SHANGHAI, May 17 (Reuters) - China stocks edged lower in light trade on Tuesday amid worries that Beijing might taper monetary stimulus while it steps up structural and financial reforms even as the economy struggles to gain traction.
Here are some of Powell's more colorful turns of phrase from the meetings in which policymakers weighed whether to "taper" the massive bond-purchase program that was begun in response to the 2007-2009 financial crisis and recession.
Indrawati said Indonesia was much better positioned to handle Fed rate hikes than during the "taper tantrum" of 2013, when funds flowed out of emerging markets as the Fed signaled it would scale back its bond-buying efforts.
"We expect flows to taper off as spot shipments favor new capacity to the Gulf, and the Centurion pipeline has been the canary in the coal mine for that," said Ryan Saxton, Genscape's director of oil and midstream.
Snow and rain are forecast to taper off through Friday night and into Saturday as skies clear, Hayes said, adding that winds are also expected to drop somewhat overnight and into Saturday as the offshore storm system recedes.
Citi's analysis indicated that although the price of 213-year Treasurys decreased by a roughly similar amount after the taper and Trump tantrums, emerging market debt prices have not yet moved by as much following Trump's shock election.
For example, when markets threw their so-called "taper tantrum" in mid-2013, after then-chairman Ben Bernanke said that asset purchases would be reduced, they were agitated in part by the prospect of faster interest-rate rises.
Weight Watchers usually sees an influx of members at the beginning of the year as people try to live up to their new year's resolutions, then watches them taper off throughout the year as they ditch their diets.
"If I were the ECB and I wanted to taper next year I would keep forward guidance regarding rates in place to avoid a strong selloff in bonds," said Martin van Vliet, a senior rates strategist at ING.
The rise in bond yields partly stemmed from speculation the European Central Bank may eventually taper its bond buying after Bloomberg reported on Tuesday the bank would probably wind down the monthly 21.1200-billion euro ($252.09 billion) scheme.
Perhaps the reason behind this is due to meldonium's recent banning and athletes have been slow to taper down its usage despite being given the three-month warning issued by WADA before the ban's introduction on January 1st.
And, if U.S. markets are subject to another surprise like the 2013 "Taper Tantrum" or a negative market reaction to political elections in Europe, the popular equity funds could struggle to deliver on their promise, El-Erian said.
According to Oxford Economics, only a third of emerging markets have a "non-negligible" risk of a sovereign crisis today, compared with 65 percent in 2008 and 72 percent at the time of the "taper tantrum" in 2013.
"I know people Suboxone has helped, but unfortunately a lot of the clinics are not forthright in trying to taper people off," said Mark Mitchell, the Lebanon police chief and a member of Judge Moore's drug court team.
" Yet another study, this time evaluating the prescription drug use patterns of patients enrolled in Illinois' medical access program, similarly revealed: "[O]ur results indicate that MC (medical cannabis) may be used intentionally to taper off prescription medications.
The currency has tumbled some 70% against the U.S. dollar since the 2013 "taper tantrum", when the Federal Reserve announced a step down in asset purchases and triggered a sharp sell off in riskier assets, especially emerging markets.
Choose a seat around the circular bar or find even more fun in the quirky basement locale known as Bar Kino, decorated with glittering disco balls, precariously placed taper candles, festive streamers, checkerboard floors, and flea market furnishings.
Strong sales have prompted the Taper to extend the show's six-week run another week, through March 19; even after adding the additional shows, 35 high school groups remain on a waiting list to see special student matinees.
"We do 20-plus shows a year, and you can feel the excitement among the staff about having this show rehearse in our building," said Michael Ritchie, artistic director of the Center Theater Group, which includes the Taper.
This could be the push-pull of the taper this year, as investors grapple with how much to pay for strong but perhaps close to peak earnings in a world of interest rates and inflation on the rise.
The band continues its taping policy (taper tickets are still available for purchase at their shows), and fans' show their ongoing devotion by following the band across the country or subscribing to LivePhish and purchasing webcasts when they can't.
He noted that the same thing happened in 2013, when the mortgage rates jumped due to the "taper tantrum" — the result of the Federal Reserve indicating it would reduce the amount of money it was funneling into the economy.
"Global macro ... will keep the current rally going for another four to five quarters before the Fed balance sheet reduction and ECB QE taper start impacting global liquidity and lead to a slowdown and eventual market correction," he noted.
I'm having a bit of the Taper Tantrums myself: Any step that I take slightly wrong, every little sniffle, anything that does not feel 100 percent right with myself, I think is going to spell disaster for next Sunday.
On the one hand, a firm signal that the bank would start to "taper" its bond purchases ran the risk of unsettling financial markets, which had been largely unmoved by the No vote in Italy's referendum, on December 4th.

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