Monday, August 22, 2011

Yahoo Breakout: Can Fed Chairman Bernanke Restore Confidence?

  • Friday, when looking at Benanke's going to do
  • Not likely to mention QE3
  • Out of ammo?
  • Bernanke is "astute" about Great Depression
  • didn't fall into deflation, don't abandon tools too early
  • will have slow growth, but no recession
  • politics are an issue, need a creative plan
  • politicians paying attention, don't want to lose jobs [comment: Uh oh!]


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