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Fed's Bernanke Dodges QE, Talks Shadow Banking
Tuesday, April 10, 2012 - 9:21amYesterday evening in a speech, the Federal Reserve's Chairman Ben Bernanke addressed financial regulation. Bernanke stated that the Fed was continuing to look at financial regulation, and the effects of implementing the Volcker rule. Bernanke also mentioned shadow banking, and the need to consider...
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Tuesday, August 9, 2011 - 12:53pm
Central Banks Have Reached Their End Game
"The markets have called Bernanke's bluff," says Graham Summers, chief market strategist at Phoenix Capital Research. The problem, according to Summers, is that Bernanke and company don't have any cards left. Benzinga Radio got his thoughts on yesterday's 6.66% market plunge and the response we'll...
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Friday, June 24, 2011 - 11:35am
Bernanke: Most Hated Man in America?
With the economy continuing to struggle, more and more Americans may be growing restless. Now, it appears as though the public may be beginning to blame Federal Reserve Chairman Ben Bernanke for the nation's ills. A recent Bloomberg poll found that 26% of Americans view the Chairman unfavorably,...
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Fed Chairman Bernanke Believes Consumer Spending To Improve In Forthcoming Quarters
Monday, August 2, 2010 - 4:18pm
According to an article on Bloomberg, Federal Reserve Chairman Ben S. Bernanke said that even though consumer confidence is being driven down by weak job gains, hike in wages is likely to drive household spending in the forthcoming quarters. While speaking in Charleston, South Carolina, Bernanke...
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The Euro is a Red Herring!!!
Friday, May 21, 2010 - 6:00am“The Euro is falling!” they scream on CNBC. Who cares!? Not me. It’s supposed to be falling. They’ve got too much debt and slowing growth. EUR denominated rates should come down and there is growing risk the European Monetary Union will break up. By themselves, these facts (assertions?) do...
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Bernanke Edges Closer To Confirmation
Monday, January 25, 2010 - 9:01amFederal Reserve Chairman Ben Bernanke appears closer to winning support for a second term CNBC reports. Uncertainty over Bernanke's confirmation rattled investors last week and helped contribute to the worst three-day slide for U.S. stocks since last March. A spokesman for Senate Majority Leader...
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Will 2010 be Jinxed for Fed Chairman Bernanke?
Thursday, December 17, 2009 - 3:53pmAt the FOMC meeting on December 15-16, the Fed reiterated its intention of keeping interest rates “at exceptionally low levels for an extended period.” Since the market expected the Fed’s statement, there was limited reaction in the bond, equity and foreign exchange markets. The Fed continued to...
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"Bubbles" Bernanke Shouldn't Be Reconfirmed
Wednesday, December 2, 2009 - 2:40pm
Up for re-confirmation as the Fed chief this Thursday, Goldman Sachs alumni, Ben Bernanke is a poor choice for the job. Along with current Treasury Secretary Tim Geithner, another former Goldman exec, Bernanke ran the largest economy in the world off the tracks by pursuing a free market ideology...
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