Bernanke Says `Will Act as Needed' to Limit Credit-Rout Impact

Discussion in 'Wall St. News' started by dtrader98, Aug 31, 2007.

  1. S2007S


    That sentence was interesting. I think this market is headed back down, I dont think bush will say much to change the attitude of this market. This rally doesnt seem like its going to stay.
  2. S2007S


    Rick Santelli is getting angry, I think he makes the best points on cnbc, only one worth listening too. I think he is 100% right.
  3. Good for Ben, that a boy Ben hold your ground. The data seems fine the markets are still up for the year, no cut necessary.
  4. Scribe


    Why is he angry?
  5. S2007S


    Cause Kudlow has no clue what hes talking about. Did you see it?
  6. Miised that, what happened?
  7. S2007S


    Sept 18th = no cut in rates. Too many are anticipating a rate cut and when it doesnt take place they will regret positioning their portfolio around that trade.
  8. the behavior of the fed in the last 10 years is unbelieavable

    a complete and arbitrary tyranny
  9. dhpar


    the speech was terrible - i am surprised the market is not selling more. in fact the speech brings more uncertainty into the outlook for rates and therefore for inflation. i especially hated when he said that data suddenly matter less than before - so all important data next week are basically deemed irrelevant. the ride is not over - this guy is fucked up.

    yep - and rick santelli is probably the only guy who gets it.
    #10     Aug 31, 2007