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JUL 16, 2013 - Zero Hedge

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There’s a Madman at the Wheel… Someone Stop Him Before We Crash

  Stocks are rallying because Ben Bernanke speaks at Congress on Wednesday. Stocks historically rally into Bernanke speeches.   The markets are at new all time highs. But it is now clear that Bernanke has absolutely no clue what he’s doing.   Just two months ago, Bernanke hinted at tapering QE. Note, he didn’t actually taper anything he just hinted at it.   This talk of tightening lasted all of two months. And remember, throughout this period of hinted the Fed was spending $85 BILLION per month via QE 3 and QE 4.   Imagine if you were in the car with a ... Read More

Tags: There’s a Madman at the Wheel… Someone Stop Him Before We Crash,  Twinkies Latest News