Aggressive Ben News Today

One doesnt have to go back very far to see just how powerful the mere words of federal reserve chairman ben bernanke can be on our markets. for example, take a look at what he said this june. >> to use the analogy of driving an automobile, any slowing in the pace of purchases will be akin to letting up a bit on the gas pedal as the car picks up speed, not to beginning to apply the brakes. >> all right. to you and me that may seem like nothing more than a harmless car analogy. but according to "f...

Highly accommodative monetary policy for the foreseeable future is whats needed in the u.s. economy. >> okay. translation? after rattling markets in june and july fed chair ben bernanke made clear that the nations central bank will continue to prop up the economy, most crucially by keeping interest rates low. the day after he said that the dow rallied. 170 points to just under 15,500. at the time an all-time high. so whats going on with the emotions of this thing? like i want to believe that eco...