Bernanke was just kidding

On July 15, 2013 by Phil Champagne

Last week, Bernanke didn’t like what was going on with the 10 year interest rate so, trying to reverse this trend, by “taking credit” for it (even after it had already started rising), he comes up and say he is not looking at stopping this QE anytime in the near future.  Remember QE1 and QE2, they had at least some end in sight…

So le’ts look at the 10 year interest rate in the coming weeks. This will tell us how much in control the fed is really is.

See our last post last week

http://wreninvestment.com/2013/07/ben-the-juggler/

taper-just-kidding

 

And it case you need a refresher on what Quantitative easing really means:  :-)

 

 

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