TO "SATISFY" WALL STREET...WHICH IS HIS JOB AFTER ALL...BERNANKE NEEDS TO SAY...THE ECONOMY IS BOOMING...AND I'M GOING TO CUT RATES...!
THE ONLY PROBLEM IS THAT WITH THE DOLLAR PLUNGING AND OIL SOARING... STOCKS AT RECORD HIGHS...THAT MAKES NO SENSE WHATSOEVER...!
STILL, ANYTHING THAT BERNANKE SAYS THAT IMPLIES NO RATE CUT...WILL DRIVE DOWN STOCKS...
APPARENTLY, WITH STOCKS ALREADY THROUGH THE ROOF AND OVER-PRICED...THE ONLY THING THAT WILL SAVE THE SPECULATORS IS LOWER RATES ON THEIR MARGIN AND LEVERAGE DEBT...!
WHAT A MESS BERNANKE IS IN...!
