Bernanke's Looking Sharp

I agree. He's waiting for the next shoe to drop. I'd guess that shoe will hit the floor concurrent with a trade of 1350 to 1380 SPX.

 

I've stated there is no action at the window. It was material in its impact on the equity markets.

 

1.5B today.

 

I doubt he will cut more than 1/4 if anything. The fed isn't swayed by Wallstreet easily.