Reading the Fed's taper tea leaves

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CNBC Television 27 August, 2021 - 05:40pm 75 views

What is a taper Fed?

Tapering is the gradual slowing of the pace of the Fed's large scale asset purchases. Once the tapering is complete then the Fed may go for reduction in the size of the balance sheet. The aim is to slowly remove the monetary stimulus. Economic TimesWhy does the Fed need to taper & why is it such a worry for markets

What is taper tantrum?

Taper tantrum refers to the 2013 collective reactionary panic that triggered a spike in U.S. Treasury yields, after investors learned that the Federal Reserve was slowly putting the breaks on its quantitative easing (QE) program. InvestopediaTaper Tantrum Definition

Thousands upon thousands of matches have occurred in WWE throughout history. Some have sometimes made us question why we watch and others have got us on the edge of our seat. There have been very few that have moved us and made us feel things we don't normally feel watching wrestling.

From seeing one of our favorite wrestlers perform in their last match, to seeing a superstar win a fully deserved championship. The emotions range, but that's what makes it all worth it being a fan.

That being said, let's take a look at the five most emotional matches in WWE.

Eddie Guerrero beat Brock Lesnar to win the WWE Championship 16 years ago today. What a great moment for Eddie pic.twitter.com/EmSPNdhENn

The impossible happened for Eddie Guerrero at the WWE No Way Out pay-per-view in 2004. Who could have imagined that 'Latino Heat' would finally make it to the top, defeating one of WWE's hand-crafted best?

Guerrero earned his opportunity by winning the first-ever 15-man Royal Rumble match on SmackDown. This gifted him the opportunity to face then-WWE Champion Brock Lesnar for the title. A sold-out crowd at the Cow Palace in Daly City, California, witnessed history.

The stars aligned, as Eddie Guerrero lied, cheated and stole everyone's hearts. Thanks to the inteference from Goldberg and the referee being down. Eddie took his chance. He gave Brock a DDT onto the WWE Championship belt in the ring, before climbing to the top rope. He delivered a frog splash for the ages to capture world championship gold for the first time in his career.

The WWE Universe went crazy. Tears of joy spread throughout the Arena. It even brought WWE Chairman Vince McMahon to tears backstage. Bruce Prichard, speaking on his Something To Wrestle With podcast, reflected on the night:

Eddie Guerrero's earlier journey in WWE wasn't an easy one. He was ultimately let go in 2001 following a series of real-life incidents outside the ring. Eddie fought and clawed his way back, and his work and determination was rewarded at No Way Out in 2004.

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