Bernanke 1PM today.

This is serious, a break could set off panic selling. I'm calling Bernake right now and telling him to take action, time for a rate hike, the stock market has had a stellar run, we must bring these commodity prices under control

Hello Ben!
 

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13:03 More Bernanke--energy prices haven't led to recession; inflation expectations remain 'imperfectly anchored'; expectations better anchored since 1970's.
13:01 Bernanke says energy prices haven't led to persistent inflation, and this is a bit dovish in tone. Bernanke does not comment on the economic outlook or interest rates.
 
Quote from pumpanddumper:

Here we go....Inflation is "elevated"...lol

He doesn't have the balls. He is on the take.
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Expectations are 'imperfectly anchored.' lol.. Thanks Ben. That clears it up.

IOW, you all have NO FRIGGIN CLUE what we're going to do and it's none of your damn business.
 
Quote from pumpanddumper:

Doesn't sound good in his voice. He's afraid to tell the truth.
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He is a puss, he is bought and paid for, my gosh who in their right mind can't see what is going on.

I guess his pals on wallstreet have not unwound their long positions and established shorts yet.
 
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