The Bernanke Bust: Shoot Blanks at the Stock Market
September 23, 2013 at 16:26 PM EDT
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? Simply put, the [...] View the full post at: The Bernanke Bust: Shoot Blanks at the Stock Market Related posts: Bernanke: Don’t take away any Fed control Economy Needs Near-Zero Rates for Extended Period, Says Bernanke Fed Chair Bernanke on Federal Reserve’s Exit Strategy