Bernanke Passes the Buck
I didn't hear them live - I read them later - but I was shocked by Ben Bernanke's disingenuous comments regarding the U.S. dollar. Our currency might be approaching levels that could be destabilizing for the risk markets. Remember the October 1987 crash?
Pain by Numbers
Thus far, Ben Bernanke has lowered his GDP forecast and increased his inflation projections.
Crude's remarkable climb continues. Regarding gasoline and other commodities, we continue to be in a Scarlett O'Hara Gone With The Wind mode, "Oh, I can't think about this now! I'll go crazy if I do! I'll think about it tomorrow. After all, tomorrow is another day."
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