Right off the bat, the market mover yesterday, as promised, was the press conference following the Fed meeting. We basically had all of the markets holding their collective breath until they were blue in the face just waiting for Ben Bernanke’s speech before they took a gasp of air. Once the rate decision was announced [...] S&P Cuts Japan’s Sovereign Rating Outlook originally appeared in the Daily Reckoning . The Daily Reckoning recently featured articles on stagflation , best libertarian books , and QE2 .