Outrageous Prediction For 2014 - From My Post in TradingFloor.com

FED will taper in the first half. World will see such an action first time. Because FED budget was increased in 6 year more than between 1913-2007. However, since the summer with news of tapering FED has been preparing the markets for the worst impact. Therefore when the first time tapering will occur, world is going to see harsh movements and high volatilies. Money will be withdrawn from the emerging markets, especially countries like Turkey that has high current deficit will be deeply effected from high inflation and stock exchanges will drop sharply. I mean inflation will show up according to import is too high and USD and EUR will gain against Turkish Liras more than lots of emerging markets currency. Turkish Lira is stated as very valuable now and the pair is around 2.00 - 2.05. We can see 2.15 and 2.20. After the big shock, world economy is get used to tapering quickly because we have been talking and valuation have been injected in the markets for around 6 months till now.