Bernanke- Jackson Hole

    Posted by PA on 26th of Aug 2010 at 11:10 am

    Everyone is expecting Helicopter Ben to make a dramatic announcement tomorrow; the bulls expect QE2. The trouble with QE2 is it would only screw the bears, it could not have a positive effect by election time, and with  changes in Congress expected, the new guys might not want to be saddled with that policy.  Is anybody strongly positioned for an announcement? Is Ben going to reward bulls or disappoint them?

    first GDP prints, then he

    Posted by hazbin1 on 26th of Aug 2010 at 11:17 am

    first GDP prints, then he speaks... nice timing

    well the last GDP was

    Posted by PA on 26th of Aug 2010 at 12:20 pm

    well the last GDP was way too high; the next one tomorrow *should* be closer to 1.5% for Q2, if they are honest about it.... if they print a number much bigger than that, everyone will know they are desperate to hide the economic weakness...

    if anyone had that information;

    Posted by 88888 on 26th of Aug 2010 at 11:15 am

    if anyone had that information; he probably won't be blogging here on BPT ; )

    Hey I tell you what

    Posted by cspirit on 26th of Aug 2010 at 11:17 am

    Hey I tell you what ... BPT BLOG folks are sure as HELL a lot smart then those guys running Washington right now ...

    I dunno about that. Why

    Posted by 88888 on 26th of Aug 2010 at 11:25 am

    I dunno about that. Why trade when you can make the rules and change the game?

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