Ben Bernanke
WSJ: House Flipping Making a Comeback
Good news folks; one of the foundations of economic prosperity in the 2000s – manufacturing products other countries want house flipping – is making a comeback as trillions of free money is borrowed / printed, and thrown into the system. It’s amazing how “resilient” the economy is when you trash future generations with a few [...]
Time for an Emergency Rate Hike? Gold (GLD) Takes 2% Hit
All these years in the market and I’ve only seem emergency rate cuts to goose the stock market (and economy). With the “good news” today, should Ben Bernanke not be holding an emergency meeting to increase rates today? Will that ever happen in the next 200 years? Gold is taking a hit (-2%+) as the [...]
Japanese Stock Market Appears to Have Rolled Over
The freight train that is Ben Bernanke’s printing press has made it difficult to short anything the world over… but one market that is acting very poorly is Japan. Below is the iShares MSCI Japan (EWJ) index, and you can see it’s been having a very tough time of late, breaking support and flailing around. [...]
Still All Good for the Bulls – Quiet Consolidation
Barring a nasty reversal in the last 45 minutes, today is a big win for the bulls. Support of S&P 1100 has been held; a major move up is being consolidated with almost no pullback at all. Stocks are simply churning before making the next move (up!) - that’s how it appears at this point. One [...]
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