Let me be plain and blunt. The “unexpected developments” Bernanke referred to is the collapse of the global banks. This is FED speak and to those in the loop, this is the dire warning.
9/2/2010
8/29/2010
8/28/2010
Treasury Makes Shocking Admission: Program for Struggling Homeowners Just a Ploy to Enrich Big Banks
8/27/2010
8/25/2010
State of the Economy
The first is an article from the NY Times noting that small investors have been moving out of the market in droves: 33.12 billion out of mutual funds this year, so far. This is entirely rational, not only is the market currently fixed (major movers do not make a profit every single day of a quarter in a free market),
