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Bernanke: Recovery 'unusually uncertain'
cnn ^
| 7/21/10
| Scott Spoerry and Chris Isidore
Posted on 07/21/2010 1:21:11 PM PDT by Nachum
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To: Nachum
Earnings reports were pretty good. Can’t have profit now can we? So Bernanke comes out and does a hit job on the markets.
To: equalitybeforethelaw
"...economic outlook remains “unusually uncertain..." Well, at least it wasn't unexpectedly unusually uncertain!
22
posted on
07/21/2010 1:56:42 PM PDT
by
skimbell
To: Uncle Miltie
Yup. One trick pony. In addition, the Obama administration has a lot of treasuries to sell. A little (that's a euphemism for another trillion dollar) expansion of the Fed's balance sheet will probably coincide quite nicely with some profitable auctions at the Treasury. Not that anyone from the Fed will be among the buyers - though there a few “friends of the Fed” may be.
23
posted on
07/21/2010 2:28:02 PM PDT
by
Prolix
To: Nachum
A moron president and his moron advisors. We’re in serious trouble folks...
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