Combs Spouts Off

"It's my opinion and it's very true."

  • Calendar

    October 2020
    S M T W T F S
     123
    45678910
    11121314151617
    18192021222324
    25262728293031
  • Recent Posts

  • Tag Cloud

  • Archives

The Bernanke crash

Posted by Richard on September 22, 2011

Ronald Reagan famously said that the most frightening words in the English language are "I'm from the government and I'm here to help." Yesterday, Ben Bernanke declared "I'm from the Federal Reserve and I'm here to help." The S&P 500 has dropped over 6% since. I think we may have reached the point where investors react with panic whenever the government threatens yet again to "fix" things.

Subscribe To Site:

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.