Bernanke makes market moving comments after close

Quote from athlonmank8:

You guys need to get real. Watching too much Cramer lately?

He finally admitted to the OBVIOUS dollar weakness and inflation worries as potential problems.

In addition, he said this is going to cut into growth growth significantly, with no clear end in sight.

How is ANYONE going to put a bullish spin on this?

AA, one of the biggest EXPORTERS even admitted that the dollar is hurting them.

How come no one realizes these cuts are a double-edged sword?

The same reason I tell people who think the devaluation fo the dollar is good that maybe we can enjoy real prosperity if it would just sink faster!

:confused:
 
A little hot Turkish action hasn't hurt either. Reality is slowly setting in.

Now on with the sub-par earnings that have to be spun six ways to Sunday.

Good reports are being sold off, markets are starting to look for excuses to sell this latest leg up on anemic volume.

This bull is looking tired after too many days of forced labor in the fields. He needs more infusions of speed to keep him going, que Bernanke on Halloween.

Good Luck!
 
Pffft the dog benanke is now on the side of the longs. He is no long concerned about inflation.

slowing economy is bullish because it means nother rate cut

slowing housing is also bullish
 
Stock, this is a serious question. In your opinion the normal business and economic cycles are no more? The economy is just going to keep growing with no more recessions? Come on you've got to be kidding me. The sheer amount of greed in OUR country is enough to ensure that there are going to be "disruptions" in all areas of our economy. Lets face it, most people do not want to work, they want the next get rich quick scheme, and we have business that will knock each other over to sell to these idiots, that in turn means from time to time our economy will contract and the mkts will correct, or worse.
 
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