Bernanke in Wyoming

http://seekingalpha.com/article/222482-what-can-we-expect-from-bernanke-now?source=hp

I honestly don’t think he’ll add QE tomorrow. This type of thing will be done with the FOMC and I think he’s holding onto his tools for when the economy really “needs” it. I’m thinking September, October we’ll be more likely to increase significant levels of Fed intervention, at that time the economy will be even worse and the market will have fallen substantially, maybe even 8000-9000 levels.

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About Aaron Basile
Market Technician, Equity/Commodity Trader, Austrian Economist, Contrarian Investor

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