re: bipolar dancing bears Bernanke is in a tough position here. He has to let the USD fall or the market. He cant have it both ways no matter what he does.
Bernanke's comments accelerated the downward movement," said Peter Cardillo, chief market strategist at S.W. Bach. "The fear in the market is that interest rates now are moving higher in a bid to chase inflation, rather than chasing [rates] neutrality."
Bernanke told a monetary conference, that although the anticipated slowdown in growth is underway, financial markets should not question the inflation-fighting credentials of the Federal Reserve.
7w
Read below, I am a coconut vendor.
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