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Key to Bernanke's view of the economy is his belief cyclical rather than structural issues are...

Key to Bernanke's view of the economy is his belief cyclical rather than structural issues are behind the weakness in the labor market. "If this assessment is correct, then accommodative policies  to support the economic recovery will help address this problem." S&P 500 +0.6%, Gold +1%, Crude +0.2%, Copper +1.3%. UUP -0.3% premarket.
Comments (7)
  • wyostocks
    , contributor
    Comments (7628) | Send Message
     
    Oh crap, there he goes again.
    26 Mar 2012, 09:17 AM Reply Like
  • User 462216
    , contributor
    Comments (95) | Send Message
     
    Daaaaaa
    Of course he is going to have to buy MBS when all those bank owns clear. First sell them cheap to his buddies 10 cents on the dollar then support them wth new MBS so they can sell them. Plus the rumor makes the market go up.S0 is it going to be S&P 1440,1477,or 1525. Don't know don't care. Just looking to buy in when it comes down. It will eventualy....late 2012 or early 2013 who knows maybe somewhere in between. No risk no reward.
    26 Mar 2012, 09:25 AM Reply Like
  • bbro
    , contributor
    Comments (9323) | Send Message
     
    With Postponable Purchases to GDP still near a 65 year low....well...
    you figure it out....
    26 Mar 2012, 09:42 AM Reply Like
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    I don't think he knows what he is doing anymore.
    26 Mar 2012, 10:11 AM Reply Like
  • bbro
    , contributor
    Comments (9323) | Send Message
     
    He knows exactly what he is doing...
    26 Mar 2012, 10:26 AM Reply Like
  • 2MuchDebt
    , contributor
    Comments (215) | Send Message
     
    He's going to say whatever he wants to justify flooding the market with excess money, whether it's true or not. I can't wait to see all the central banks try to unwind their positions... oh wait, that'll never happen because the economy will always remain "far from normal". Thanks Benny.
    26 Mar 2012, 10:59 AM Reply Like
  • phdinsuntanning
    , contributor
    Comments (1200) | Send Message
     
    banks shaking US baby boomers of their last cents after 2008,
    bizarre, to say the least, when shorting starts? or this time will
    be via put options? poor lemmings!
    26 Mar 2012, 03:15 PM Reply Like
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