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Do stock charts reflect Bernanke’s popularity?

Posted in After the Bell

The Dow Jones takes another hit as we dip under the 12000 point level. There is a lot of talk about whether this is all Bernanke´s fault or not but when the system essentially says “We don´t know what is causing this..” you can safely bet that things will be getting worse. On the topic [...]

Bernanke calls financial future unclear

Posted in News

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 [...]

Did Bernanke hint at further decline?

Posted in News

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 [...]