AI
Monday, August 24, 2009 10:53:01 PM
Bernanke reappointment is a bad news for longs. There are 3 reasons I can think of right now.
#1) Fed won't have to prop up the markets artificially any more
#2) Last bullet is fired already. No more ammunition left. Obama used his last lifeline with this news.
#3) Rates might start to go up as Bernanke needs to start worrying about how he is going to manage the next 4 years.
Just a contraian perspective
GL every one!
#1) Fed won't have to prop up the markets artificially any more
#2) Last bullet is fired already. No more ammunition left. Obama used his last lifeline with this news.
#3) Rates might start to go up as Bernanke needs to start worrying about how he is going to manage the next 4 years.
Just a contraian perspective
GL every one!
All posts are only my opinion and are not buy or sell recommendations.
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