Bernanke Disappoints
Fed chief Ben Bernanke disappointed a market that wanted something more concrete than just another promise to act if needed. There are very few specifics in his speech and, in fact, he even talked about how the hurdle for "non-traditional" policy is quite high.
This speech left the market on hold and under pressure from sellers who don't have any patience. We'll see if the dip buyers give it a try, but I'm not expecting anything very aggressive with the long weekend ahead....46 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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