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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.

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This entry was posted on September 22, 2011 at 5:36 pm and is filed under Uncategorized. Tagged: bernanke, debt, economy, investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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