Bernanke press conference yesterday

Quote from jsp326:

What a bunch of garbage. The S&P is about 5% higher now than it was in March 2000. That was over 13 freakin' years ago! Recent years of ZIRP, QE, etc. have done nothing but keep the stock market flat...and make it impossible to earn a decent return in low-risk investments.
More...

You forgetting dividends but aside from that, I agree with the above.
 
A couple weeks ago he said what QE had diminishing returns, was not helping the average person and was punitive to savers. Obama put this in context with his statements that Bernanke stayed longer than he should of.
 
The Fed needs to get out of QE. The moment Bernanke opens his mouth the market either goes up 300 points or down 300 points. The Federal Reserve should not have such an influence on trillions of dollars of wealth.
 
You must log in or register to reply here.
Back
Top