How can one (1) person has this effect on the market? Seems this is the result EVERYTIME he talks. Obummer should NOT let Ben talk!!! in 2 days, the market has been down more than 400 points. INCREDIBLE!!!
The market in the short term is manic depressive. It got depressed at the mere mention of the end of QE. Never mind the fact that Bernanke said it depended upon unemployment coming down to 6.5%. Where I disagree with Bernanke is his idea that we will hit 6.5 next year. I'd say 2017 is more likely.