Bernanke's Call
QE Yes – markets soar
QE No – markets tank
What is Bernanke’s Quantitative Easing? QE is a Bernanke euphemism for “printing money”. When Bernanke needs to boost the economy he starts up the U.S. Treasury Department printing presses. Don’t you wish you could pay your bills by printing money?
Only weeks ago Bernanke said NO to more Quantitative Easing. He hinted that the whole QE program was probably over. Markets tumbled head over heels.
Then he said YES to QE. Markets immediately slammed upward into all time high resistance.
Markets are doing summersaults. It would be funny if it wasn’t so tragic.
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