The Latest Craze on Wall Street: The Taper Twist

Wednesday, 19 Jun 2013 | 5:42 PM ET
Twist and Shout: Doing the 'Taper Twist'
Wednesday, 19 Jun 2013 | 5:00 PM ET
CNBC takes a "twisty" look at Ben Bernanke and the Federal Reserve's plans to taper Quantitative Easing.

Taper, taper, taper!

You know you're doing it.

It's the newest dance craze among the Fed-obsessed on Wall Street who hang on to every single word uttered by the Chairman.

Gyrating wildly not knowing if the central bank would relax its quantitative easing or not, traders have been doing the taper twist and turn for what feels like weeks.

Wednesday – finally - The Chairman offered some new hints - a great beat, easy to dance to – but will it be enough to stop all that Taper Talk?

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