Posts Tagged ‘Bernanke’
Bernanke calls financial future unclear
Wednesday: In a testimony to Congress, Ben Bernanke said that “the economic outlook remains unusually uncertain”. If you had any doubts that the “recovery” is not doing well, the Fed Chairman with this and other signal mantains a unusually cautious tone regarding the state of the economic recovery process.
Dow Jones took a marked turn down [...]
Did Bernanke hint at further decline?
As the European financial impact becomes a severely influencing factor on the Dow and other global markets, one cannot but wonder at the words of the Federal Reserve Chairman recently.
Quoted from WSJ: “There seems to be a good bit of momentum in consumer spending and investment,” Mr. Bernanke said at a dinner hosted by the [...]
Asia down oil up and Bernanke in congress
The Dow and most markets have a faltering week as continued signals of recessive difficulties come to light. Tuesday saw Dow Jones Index be a bit stronger with a drop in barely 1 percent compared to S&P500 and Nasdaq stepping down around 1.3 percent.
Closing at 10.282 on Tuesday, The Dow remains close to the magic [...]
Dow stumbles on expected Bernanke statements
Checking the live stats on the Dow shows a abrubt dip as Fed Cheairman Ben Bernanke starts to point towards a tighter monetary policy. We all knew it was comeing and so far the ractions are what you might expect. Bernanke´s statement comes at a time when a lot of factors are balancing on the [...]
