Bernanke Jawbones the Equity Markets Higher
Posted on March 27, 2012 at 12:08 PM EDT
Good day. The dollar fell against many of the higher-yielding currencies yesterday following a speech by Fed Chairman Bernanke, which the markets interpreted as signaling Fed policies will remain accommodative for some time. Investors have been linking the more-positive U.S. data, including a steadily improving labor market, with concern that the Fed’s policymakers would have [...] Bernanke Jawbones the Equity Markets Higher originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.
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