Another Bernanke Bounce?
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Another Bernanke Bounce?
Back on February 24th, the market rallied nearly 250 points following Fed Chief Ben Bernanke's testimony to Congress. Today, following a speech from Bernanke at the Council on Foreign Relations the market is up over 200. Is a trend developing?
Bernanke testified to the Committee on the Budget on March 3 and the market was down a little. So this is not a 3-for-3. But I'll take a 2-for-3.
Now if we can only stop President Obama from talking we may be on to something.
Back on February 24th, the market rallied nearly 250 points following Fed Chief Ben Bernanke's testimony to Congress. Today, following a speech from Bernanke at the Council on Foreign Relations the market is up over 200. Is a trend developing?
Bernanke testified to the Committee on the Budget on March 3 and the market was down a little. So this is not a 3-for-3. But I'll take a 2-for-3.
Now if we can only stop President Obama from talking we may be on to something.
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