Wednesday, May 22, 2013

Bernanke Spoofs the 'puters

From ZeroHedge:
Market Reacts As Bernanke Promises "MOAR"


 Euphoria Cracks As Ben Drops Hint Of Tapering After All
MOAR Orderly... oops... Bernanke: "Fed could reduce bond purchases in the next few meetings if data supports it" and perhaps most disturbing is that reality is finally seeping into the corner offices of the Marriner Eccles building when Bernanke says that concerns about "frothiness" and "bubbles" has increased? Was it the sub-5% yield in high yield that tipped them off?