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ITMS

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ITMS

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Monday, 03/26/2012 12:50:32 PM

Monday, March 26, 2012 12:50:32 PM

Post# of 784
Diminishing Returns: Bernanke Juices The Markets


The U.S. markets awoke on Monday morning to find Federal Reserve Chairman Ben Bernanke giving a speech on the economy. Any speech where he leaves the possibility of more QE (quantitative easing) on the table helps the markets jump. Today was no different. The futures took off as he spoke, surging off of the worst week in the markets since December 2011. This was a classic chess move to help the markets survive and stay afloat. While off the highs, the SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $140.96, +1.27 (+0.91%). ...Continue reading here: http://bit.ly/H9lo9V
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