Ben S. Bernanke … does the S. stand for STUPID??? This guy is really unbelievable!!! He is IMHO totally inadequate for the job! WHY? Because he is has no clue at all, what he is talking about and even worse … he has no clue, how investors receive his “messages”. This guy is the nail [...]
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 [...]
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