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Realistbear

Ben's Dovish I R Comments Now Seen As Hawkish

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http://biz.yahoo.com/ap/060720/wall_street.html?.v=16

However, investors remained fearful that persistently high oil prices could fuel inflation and cause the Fed to keep boosting rates. Bernanke, who reiterated his comments Thursday, acknowledged the challenge of trying to strike a balance on economic growth and inflation; the uncertainty left investors with little guidance.

DOW JONES INDUSTRIAL AVERAGE IN (DJI:^DJI) Delayed quote data Edit

Index Value: 10,959.09

Trade Time: 2:15PM ET

Change: Down 52.33 (0.48%)

Prev Close: 11,011.42

Open: 11,007.26

Day's Range: 10,953.23 - 11,037.28

52wk Range: 10,098.20 - 11,709.10

That which caused the May sell off still lurks: inflation, conflict in the ME, IR hikes in Japan.

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Mr Bernanke is playing a risky game, he's already been labelled a liability by many. Of course though he has to play down the bad news in the face of angry politicians whilst he was testifying I guess.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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