“Whew! The Fed is number one in central banking. And it’s finding out just how tough it can be to meddle with a $16 trillion economy. On Wednesday, Ben Bernanke came out with a public statement. He said that if all went well… and he didn’t change his mind… and nothing unexpected came up…and the Fed’s Open Market Committee felt like it… the Fed would begin tapering its bond buying sometime soon. That was all it took to send a shiver up investors’ spines… and a sell signal to Wall Street. Everything sold off – stocks, bonds, commodities, gold… you name it.”
http://www.billbonnersdiary.com/articles/bonner-tony-soprano.html
(Visited 27 times, 1 visits today)
Related posts:
Pepe Escobar: Manning guilty; war criminals on the loose
Ron Paul: Why Is Washington Backing Saudi Starvation Policy In Yemen?
Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Government in Japan
Gun Rights Helped Blacks During Civil Rights Movement
Going Postal
Eric Margolis: Tensions on the Korean Peninsula
US Obsession With the Importance of the Mideast and Solving the Israeli-Palestinian Conflict
“Why 55 U.S. Senators Voted for Genocide in Yemen”
Timing the Bottom
Jacob Hornberger: A Glimmer of Light from Switzerland
Here’s a risk to stocks you’ve likely overlooked
Jacob Hornberger: Cold War Fearmongering on Cuba and Korea
Bill Bonner: Revolving Zombies
The French Version of Atlas Shrugged
What Are the Real Foes?