Bernanke has unleashed a new stock bubble....!
And unlike Greenspan he didn't have to lower rates...Bernanke just had to quit raising rates!
THIS MARKET IS AWASH IN LIQUIDITY....A MOONSHOT IN OCTOBER IS ALL BUT ASSURED...NO MATTER HOW BAD THE NEWS GETS...
THIS IS 1999 ALL OVER AGAIN... BECAUSE THE FED IS ASLEEP AT THE INFLATION SWITCH YET AGAIN...INDEED BERNANKE IS NOW IMPLYING MORE RATE CUTS!!
THERE SEEMS TO BE A REALIZATION THAT THE ONLY THING THE US ECONOMY DOES, AND DOES WELL, IS ASSET BUBBLES!.
