Tag Archives: ben bernanke

Get Ready for a Massive Stock Market Selloff

On Tuesday, Federal Reserve Chairman Ben Bernanke’s made his semiannual monetary policy testimony before the Senate Banking Committee.  Washington and Wall Street wanted QE3.  Bernanke demurred. Following the testimony, Senator Chuck Schumer told Federal Reserve Chairman Ben Bernanke to “get … Continue reading

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Money Games

After much anticipation and hoopla, Fed Chairman Bernanke made his post FOMC meeting utterances on Wednesday.  In short: No QE3, for now.  More Operation Twist. Markets didn’t know what to make of it.  Initially they rose on the announcement.  The … Continue reading

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The Greatest Fraud of All

“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading

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Stimulus and Spasmodic Economics

Nerves are fried.  Hands are shaky.  Triggers fingers are happy.  “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help.  The DOW’s fallen 1,258 from its May 1 … Continue reading

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