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Monday
Dec072009

"Get Bernanke Back in Front of a Mic...STAT"

Judging by today's intraday trading, policymakers in Washington should be getting on the phone and ordering Fed Chairman Ben Bernanke to get back on the airwaves.  As shown below, while Bernanke was speaking earlier and all but promising to keep rates low for an "extended period," the S&P 500 rallied.  Since wrapping up his Q&A, however, the market has erased all of those gains and then some.


Bernnake 120709


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