The Bernanke Bust: Shoot Blanks At The Stock Market
Last Wednesday, Ben Bernanke kept the juice flowing. He did not withdraw any of the $85 billion the Federal Reserve has been printing each month. This shocked the markets, sending stocks sharply higher initially. However, within days of the pop, the stock market finds itself lower than prior to the announcement. Why? ...
History Suggests That Bernanke Is Afraid To Taper QE-3
Last week's employment report has dominated the business, financial, and political news over the weekend. With no action expected from Congress, attention will focus on the Fed. Since Chairman Bernanke will testify before the Congressional Joint Economic Committee on Thursday, we will soon have an update on Fed thinking.
Mark Thoma raises the policy question and provides helpful context.
In the not so distant past arguing that precious metals prices were setup to fall generally elicited a response which was not real pleasant. In fact, during gold’s infamous bull market rally on several occasions I called for pullbacks which regardless of the accuracy of my call generated hate mail that seemingly never ended......
The Federal Reserve, Gold, the S&P 500, & the Retail Mindset
The recent rally has been breathtaking, however the majority of investors have missed out on a large portion of these gains as significant levels of cash have been either moved to bond funds or taken out of equity markets consistently during this rally. Let’s face it, financial markets around the world are not what they once were.
Bernanke to aid recovery with gradual boost in dosage
The markets surged today as Ben Bernanke testified on Capitol Hill. The reason for the monster surge in the markets was due to his preliminary comments on the possibility of QE3. As of today, QE3 is definitely a possibility. The Dollar tanked and the markets jumped higher. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $133.20, +1.80 (+1.37%).