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Friday, July 15, 2011 2:38:59 AM
CHART OF THE DAY: The Reverse Bernanke Effect
Joe Weisenthal | Jul. 14, 2011, 12:14 PM
Yesterday's Chart Of The Day highlighted the surge in stocks as soon as Bernanke's testimony about being open to more QE hit the wires.
Today: The opposite.
One comment about there being no plans for imminent easing sent oil plunging
Not the most inspiring version of efficient markets.
Joe Weisenthal | Jul. 14, 2011, 12:14 PM
Yesterday's Chart Of The Day highlighted the surge in stocks as soon as Bernanke's testimony about being open to more QE hit the wires.
Today: The opposite.
One comment about there being no plans for imminent easing sent oil plunging
Not the most inspiring version of efficient markets.
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