Bernanke testifies to improve our economy and your dollar
Bernanke spoke! Markets went up! Yet we are still in a huge amount of debt and we barely have any exports anymore. Another bubble? Can there be a stimulus bubble? Another correction? thats been coming for a while. We need to reconsider something called SAVINGS or INVESTING FOR LONG TERM.
Take from market watch
NEW YORK (MarketWatch) — U.S. stocks bounced back Wednesday morning as U.S. Federal Reserve Chairman Ben Bernanke told a Congressional panel that the central bank plans to keep interest rates low.
After paring early gains, the Dow Jones Industrial Average rebounded, gaining 101 points, or 1% to 10384 recently, with all of its components in the black. The Dow’s banking components surged after Bernanke finished his opening remarks. Bank of America was the measure’s top performer, up 2%, while J.P. Morgan also climbed 2.1%.
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