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US Federal Reserve - Ben Bernanke

Video report with Stephen Roach of Morgan Stanley about the Fed's report by Ben Bernanke, and audio interview with Paul Culley of Pimco who calls Bernanke testimony a " homerun ": http://www.bloomberg.com/news/av/
 
Bens comments designed to prop up ailing stock market IMO

It was predictable and tradable. Thank you Mr Ben.
 
noirua said:
Video report with Stephen Roach of Morgan Stanley about the Fed's report by Ben Bernanke, and audio interview with Paul Culley of Pimco who calls Bernanke testimony a " homerun ": http://www.bloomberg.com/news/av/

Roach, as usual, the voice of reason. He is the only economist I would listen to.

Thanks for the link Noirua
 
I see your a fan of Grizzly Bear Roache Wayne


Did make me think though, if Chinese GDP is so heavily driven by investments and exports and Roache Advocates this should turn to consumption, how will this be bearish for basemetals and commdities?

IE They will consume cars, fridges, toasters, housing etc etc etc, IMO this will support base metals anyway,

He said, investors stand to gain if they move into investments aimed at consumption, however those investments that were dependent on Investment and Exports (he says commodities) would suffer

What does he mean by consumption? Fruits, Vegies and Meats :




p.s. love the logo, is it Count Bearcula?
 
A secretive US Federal Reserve that is now taken over by Ben Shalom Bernanke.

This link is all about the man and there is many an interesting feature in his personal history.

Helicopter Ben's interest in the past, particularly the reasons for the great depression, are more than just interesting and maybe of concern:

http://en.wikipedia.org/wiki/Ben_Bernanke
 
champ2003 said:
It looks like the US is in for a nice soft landing and that the economy is set to soar by mid 2007 again.


http://www.marketwatch.com/News/Sto...af-9843-cb55c0202355&siteid=NYT&dist=morenews



Everything is now coming together in the United States and the DOW 30 may yet reach 12,500 this year. The make up of the DOW does make it sensitive to the US economy and I would not be surprised to see the Dow reach 14,000 in 2007 and go on to 16,000 in 2008.

The Fed will have a difficult job ahead, but the commodity crisis should gradually fade away as supplies improve and China's Olympic expenditure runs down.
 
We're in the lead up to the US Presidential Election year --- The powers that be won't repeat the mistakes that Bush Snr did --- or will they?

But look out come 2009 --- thats when the pigeons will come home to roost!


Cheers
 
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