Markets plunge as Bernanke signals the end of QE.

Global markets across multiple sectors have sold off after Ben Bernanke yesterday signalled that the Fed may soon start turning down the money printing presses, saying that the bond-buying could end in mid-2014. Asian, European and U.S. equities fell and government bond yields spiked, while gold had plunged 5.95% to $1,292.20 at the time of writing and hit a 2 1/2 year low. Only the dollar seems to have benefited, rising across the board.