WHY ARE INVESTORS SO HAPPY ABOUT THE GLOOM AND DOOM IN THE MARKET...?
BECAUSE THEY KNOW BERNANKE WILL FUND IT...!
THE "BERNANKE PUT" IS ALIVE AND WELL...AND MAY EVEN BE MORE POWERFUL THAN THE GREENSPAN PUT...BECAUSE GREENSPAN HAD A REASONABLY HEALTHY ECONOMY TO LOOT...AND HE DID A DAMN GOOD JOB OF IT...
BERNANKE IS STUCK WITH A WEAK DOLLAR AND HIGH OIL AND AN ECONOMY THAT HAS GIVEN UP PRODUCING THINGS...OTHER THAN ASSET BUBBLES...
GREENSPAN HAD JUST THE OPPOSITE...!
