Bernanke speaks with forked tongue

[S2007S]

Quote from annaland:

The first time Bernanke addressed the interest rate issue (March '06, i think) the markets reacted way more than was intended by the fed. Stocks and bonds dropped and the treasury rate rocketed. Bernanke learned the hard way to be careful of what to say while markets are open and information shocks are intensified. This is why he is now saying a lot while not saying anything at all.

agree

 

[Ivanovich]

Quote from ByLoSellHi:

I don't know if you're being serious or sarcastic.

If you're being sarcastic, what would you call yesterday?

I read the statement from the Fed. I wasn't at all confused, in my opinion. It was perfectly clear to me, although time will tell if I read it wrong, I suppose.

I think the market was looking for ANY excuse to rally, and they read what they wanted to read. The market will take any excuse it can to keep this pipe dream steaming along.