just a fact.
should be 900 or 1,000 ... right? When there is NO RISK WHATSOEVER THAT ANYTHING WHATSOEVER CANNOT BE IMMEDIATELY FIXED, then why are we not up more? Didn't Bernanke say the FED will DO ANYTHING IF THE MARKET DOES NOT CONTINUE STRAIGHT UP? So what's the problem? NO RISK, 100% GUARANTEE, NOTHING MATTERS ... just borrow more money if you've already put every cent in this cesspool and BUY MORE!
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40 MILLION ID's hacked at Target, people standing inline to buy $300 Nike Shoes, Fed reports their Balance Sheet now exceeds $4 TRILLION and yesterday nearly 400,000 people applied for Unemployment Benefits, the VIX hit the lowest level in a decade ... yep everything is just great!
It really is ... just about 30,000 under 400,000 ... back to 09 again.
Another 30% gain on the table for the six straight year ... good thing Bernanke said the economy still stinks!
yea, makes sense, right?
$34.7 million tax refund ... Elon should change the name of a Model S to Tax-Credit!
just to be safe!
If you think they're not you're just dumb, period.
I would not worry about ANYBODY on Wall Street actually being penalized for 'hording cash' ... after five years of doing it, you can be assured it is because they know the next shoe is going to drop and do so like a 50 ton concrete truck.
According to the vast wisdom of Bernanke, skyrocketing food, energy, clothing costs are transitory, even if they have doubled every year for 5 years straight.
Expect to hear that news will increase cell phone sales and high-end luxury autos'.
Agree. Would not surprise me to hear he decided to change the taper to eight-billion, after all we could see 5 point drop in S/P on the news, GOD forbid!
I agree, it is indeed more obvious and equally meaningless to the exuberant privileged class created by Bernanke.
Toronto's Mayor Ford should be appointed the new Fed Chairman ... at least then there would be an excuse!