Perhaps Ben Bernanke is the only rational person around. We know markets aren't rational, running scared that their perceived juicy QE grease will soon be all but over.
It's obvious, if Ben cuts the program then everything's fine, going great....so get on with it.
But if the economy looks set to stall without it's Valium then it will continue.
Simple maths for simpletons.
So why just not say you're going to trim the program and do it Ben. Put these old hens back on their roosts.
What is there to loose? The Nikkei has massive QE support but spends the day worrying about Ben.
Without doubt the new FED chair person will take on the mantle as the most powerful person on earth.
