Forget Bernanke he's SO yesterday's news...
The FED is totally under the control of the markets now... Fear and panic about the house bubble has the FED completely catatonic for the indefinite future.
Only a big spike in oil or gold; or a crash of the bond will move the FED now...that will happen, just not right now.
After all, these "record highs" on the Dow are really just DOLLAR DEVALUATION in another form...
And this stealth devaluation will continue...because "it's gotta."
A slow devaluation of the dollar will "allow" stocks and housing to "keep" their NOMINAL values.....EVEN WHILE LOSING THEIR REAL VALUES IF "VIEWED" FROM OUTSIDE THE AMERICAN DOLLAR-CENTRIC ECONOMY!
