Wall St. edges up, expects Fed tapering will be modest

``The policy-making Federal Open Market Committee begins its two-day meeting on Tuesday to discuss whether to scale back its monthly $85 billion in bond purchases, or quantitative easing, to aid the economy. Many investors expect the Fed and its chairman, Ben Bernanke, will scale back purchases by $10 billion a month while keeping rates close to zero for some time.'' -- And of course, gold is mysteriously down on this expectation that there WON'T be much tapering...