Archive for Stagflation
You are browsing the archives of Stagflation.
Bernanke Said Rates Will Go Down
So, why wasn’t Wall Street impressed?
In a speech today the Federal Reserve Chairman said they stand ready to continue to lower interest rates to prevent a recession. Should be really good news to stock market speculators, right?
Yet, they seemed unimpressed. The markets did not react the way the clueless pundits expected. Sure, we saw a [...] Read more »
