Commentary on the economy, investing, and the current financial climate.
Bernanke and Federal Reserve Say Complete Economic Recovery Years Away – Markets Rally
Written by David Walter on January 26, 2012 – 6:36 am
Written by David Walter on January 26, 2012 – 6:36 am
Don’t look for logic in the markets’ near term movements. As I’ve written about many times, equities need easy money for their fuel. We’ve had it for three years and Bernanke said we’re going to get it for the next three with zero short term interest rates. The economy is showing some modest signs of [...]
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