Bubble ben is hilarious this morning. The one who created the last bubble sure has some hilarious thoughts about this crisis
Comparing this crisis to a major snowstorm????
What the fuxk!!!
Bernanke: Coronavirus disruptions are 'much closer to a major snowstorm' than the Great Depression
PUBLISHED WED, MAR 25 2020 8:54 AM EDT
UPDATED MOMENTS AGO
FEDERAL RESERVE
Former Fed Chairman Ben Bernanke sees ‘very sharp’ recession, followed by ‘fairly quick’ rebound
PUBLISHED WED, MAR 25 20208:51 AM EDTUPDATED MOMENTS AGO
Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM
Former Federal Reserve Chairman Ben Bernanke sounded an optimistic tone on the longer-term state of the economy, predicting in a CNBC intervie that while the U.S. is in the midst of a sharp recession, it shouldn’t last.
“It is possible there’s going to be a very sharp, short, I hope short, recession in the next quarter because everything is shutting down of course,” he said.
Fed’s James Bullard says after a short-term ‘unparalleled’ shock, economy will boom again
PUBLISHED WED, MAR 25 20208:16 AM EDTUPDATED 16 MIN AGO
Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM
KEY POINTS
JPMorgan’s market guru says shutdowns are working, virus may peak soon and stocks to rebound 40%
PUBLISHED TUE, MAR 24 20202:28 PM EDTUPDATED TUE, MAR 24 20205:23 PM EDT
The S&P 500 could be back to 2,800 soon and all-time highs by year-end, Fundstrat’s Tom Lee says
Comparing this crisis to a major snowstorm????
What the fuxk!!!
Bernanke: Coronavirus disruptions are 'much closer to a major snowstorm' than the Great Depression
PUBLISHED WED, MAR 25 2020 8:54 AM EDT
UPDATED MOMENTS AGO
FEDERAL RESERVE
Former Fed Chairman Ben Bernanke sees ‘very sharp’ recession, followed by ‘fairly quick’ rebound
PUBLISHED WED, MAR 25 20208:51 AM EDTUPDATED MOMENTS AGO
Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM
Former Federal Reserve Chairman Ben Bernanke sounded an optimistic tone on the longer-term state of the economy, predicting in a CNBC intervie that while the U.S. is in the midst of a sharp recession, it shouldn’t last.
“It is possible there’s going to be a very sharp, short, I hope short, recession in the next quarter because everything is shutting down of course,” he said.
Fed’s James Bullard says after a short-term ‘unparalleled’ shock, economy will boom again
PUBLISHED WED, MAR 25 20208:16 AM EDTUPDATED 16 MIN AGO
Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM
KEY POINTS
- St. Louis Fed President James Bullard said the economy will take a big short-term hit but then snap back strongly.
- “Once the virus goes away and if we play our cards right and keep everything intact, then everyone will go back to work and everything will be fine,” he said
JPMorgan’s market guru says shutdowns are working, virus may peak soon and stocks to rebound 40%
PUBLISHED TUE, MAR 24 20202:28 PM EDTUPDATED TUE, MAR 24 20205:23 PM EDT
The S&P 500 could be back to 2,800 soon and all-time highs by year-end, Fundstrat’s Tom Lee says
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