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Bernanke Comments Cause Market To Dip
Posted on 01/17/2007 08:43:41 | Link | Post Comment
The market sold off on comments from Bernanke just now. I thought the comments were constructive, but the market is still looking for a reason to sell off further.
Here is a summary of his comments:
Here is a summary of his comments:
- Further Fed action dependant on inflation outlook
- Q4 GDP growth likely in-line with Q2, Q3
- Econ. slowdown reflects cooler housing
- Slow home construction pace likely to be drag next year
- US core inflation remains "uncomfortably high", but likely to moderate
- Most other parts of economy growing solidly
- Will The Streak End At 8?
- Sneak Peak Ahead Of The Open
- The Week Ahead
- A Mostly Flat Open
- Midday Check
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Hedge funds have made billions this year shorting the banks, [read more]
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