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Wednesday, November 27, 2024

Bernanke: “Scope for Further Action by Fed to Ease Financial Conditions”

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

A letter by Ben to Darrell Issa was released a few minutes ago and the market shot up from 1404 to 1409 in a minute.  A whopping 3M shares of SPY traded in that 1 minute.  It’s all about the Bernank…. (and Draghi).  Rinse, wash, repeat.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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