Bernanke Put …
Bernanke’s statement concludes with the following sentence:
The FOMC will be carefully evaluating incoming information bearing on the economic outlook and will act in a timely manner as needed to support growth and to provide adequate INSURANCE(!!!) against downside risks.
He offers INSURANCE
Interestingly enough, he sees (hopes for) more growth later in the year and lower inflation rates … I ‘d take this bet against him … Where should that come from???
Next FED update will be published Feb, 20th … it will be a down revision on growth … followed by a down revision of earnings by analysts and a down move in the markets?
I barely can’t wait for this update!
They still don’t have a clue and play on time … they don’t get it, that there must happen a STRUCTURAL CHANGE!!!
