Bernanke will cut the rates 1 more time so it equals zero. That's right, 3 month t-bill will have a yield enforced at 0. This will push billions into longer dated series and others
Mark my words, years from now when our fake manipulated economy still is in the dumps people will not blame Obama. The man who will be known as the destroyer of America will be Ben Bernanke. The hubris these fools at the fed engage in is shocking. They somehow think that when they achieve their ends and force every last bastard into the stock market that it will not end badly. When this bubble which has just started ends it will be the biggest popping of all time. I mean shit things won't even get started until we pass the all time high in the dow, mom and pop will not commit to all signs are flashing green. Bernanke wants Mom and Pop to panic and chase the stock market higher, show me where the fed is mandated to do this, last time I checked controlling inflation and maximizing employment is their job.