I think expectations are pretty high for some sort of "extended guidance" indication. Quite a few strategy peeps have talked about it in recent days.
why does the scumbag decide to talk on a Labor Day Friday/weekend. Shows how much these losers are out of touch. I'm leaving town adn don't want to have to sit here and listen to every word the bum as to say on a day when we should all be winding down!
There is no further risk to the speech (content-wise). You're looking at the likely resignation of Weidmann next week, Draghi, and the German parliamentary vote the following week. The entire pre-market move was EU news. The drop was classic Bernank, and the rebound (is bullish EU due to Weidmann).
i guessed green.. i hope you guys remember.. hhaahaha i didn't have a point call but i was right.. even if it wasn't for the right reasons.
Yeah, green but lower than pre-speech mkt on Weidmann resignation. And we did drop 12 on the Bernanke reaction.