Bernanke Backtracks Stimulus Talk
Posted on July 15, 2011 at 12:10 PM EDT
The dollar fights back… Yes… Back and forth from a “buy dollars” bias to a “sell dollars: bias. Billy Preston (the 5th Beatle) sang about this… Will it go round in circles… Will it fly high like a bird up in the sky… But, hey! That’s OK, because what this kind of trading does, is [...] Bernanke Backtracks Stimulus Talk originally appeared in the Daily Reckoning . The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. The Daily Reckoning features articles on the debt crisis , the debt ceiling and the day QE2 ended.
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