- Bernanke testimony to Congress
- Fed's limitations- out of ideas- Fed can't do QE3 even if needed
- Bear Market Boulevard- testing new lows- but only down 6 percent
- Been there before in 2010, though
- Breaking down, traders won't get in- maybe 3% growth in second half- if scared now, will be scared later
- Addicted to QE? Truth is a lot of others can carry load.
- Economics is "fake science"
- Stimulus seemed like a long time ago, needed more precision in stimulus, might jumpstart economy
Al Fin: "Cowboy Commentary", aka "Eat your veggies" The Flag banner is posted in order to defy those who would make patriotic symbols illegal or disreputable.
Wednesday, June 8, 2011
Yahoo Breakout: The Bernanke Hope Trade
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