On December 18, the U.S Federal Reserve will be having the last FOMC meeting in 2013 to announce when it will withdraw QE. ANBOUND's research team thinks that the probability for the Fed to taper QE is rather high. Bernanke the Fed chairman will be retired by January next year, thus it is most likely for the Fed to withdraw QE program during his tenure. Taking into account of the recent stocks and commodities markets that already responded to the QE withdrawal, the market might experience short term reversal if QE withdrawal does not take place.