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Fed is going to help faltering economy, said Ben Bernanke

(Reuters) – The Federal Reserve is prepared to take further steps to help an economic recovery that is “close to faltering”, Fed Chairman Ben Bernanke said on Tuesday.

Great! And investors got crazy about this proclamation and started buying. Good move if you want to lose money. Are these idiots out there blind? O.k. I am asking Mr. Bernanke:




“The (Fed’s policy-setting Open Market) Committee will continue to closely monitor economic developments and is prepared to take further action as appropriate to promote a stronger economic recovery in the context of price stability,” Bernanke told the Joint Economic Committee of Congress.

If this statement made someone exited, then that guy should stop trading or investing. He or she is ruining his investments.

How can FED help?

Printing more money? They’ve been doing it since the crisis started on a fast pace than ever before. And how that helped so far?

Lowering the interest rate? It’s been lowered to zero already and how did it help so far? Are they going to pay borrowers for borrowing money? Something like backward-interest rate?

More “Operation twist” action? What will that do? Moving one debt from one pocket to another?

Please, can someone explain me how Mr. Bernanke wants to help the economy and bad situation in Europe? I ma reconsider my bearish view.

12 responses to “Fed is going to help faltering economy, said Ben Bernanke”

  1. Heather says:

    I like this web site and your insight into stock market moves. You cann’t believe just how a lot time I had spent to find we site with free info about investing into stocks! Thanks!

  2. Wilfredo Rials says:

    *The next time I read a blog, I hope that it doesnt disappoint me as considerably as this 1. I mean, I know it was my choice to read, but I really thought youd have something fascinating to say. All I hear can be a bunch of whining about something which you could fix if you werent too busy searching for attention.

  3. Pepe says:

    I think Ben Bernanke is happy now. No or very little attention to what he is or would be doing. Everybody is crazy about European mess and Ben can be printing and printing and printing and no one pays attention to what can happen here in the US.

  4. Rodney says:

    Wow, marvelous weblog about stock trading! The entire blog has fantastic content!

  5. Berry Max says:

    Ben Bernanke is now happy. Europe is clouding economical problems in the US. Wait for the problems, then you will see the market fall like a rock. It is good then to be able trading on both sides – long and short… Making money all the time!

  6. Harry says:

    Buy, Sell, Buy, Sell. There is always a reason, almost daily. Hit is hillarious reading the reasnon for the day. Who is the winner…the brokers who make commissions selling and buying. Put their income at regular income tax rate vs capital gains since this is their job. I bet there will be less buying and selling. Maybe someday we could get back to buying and selling based on a company performance.

  7. Cory says:

    Greece & Euro will arise again next week as more problems will occur.Pump & dump in world markets as they transfer more funds to world elite by way of bailouts.Common problems to Main-Streeters will still not be solved & worsen.

  8. Hanah says:

    Fed will print and print and print and print until this crisis is over and new one starts.

  9. Mario says:

    Fed will print more money and will save the world. Ben will be the hero, then we will get screwed…

  10. Newton says:

    Bookmarked, I really like your site about investment strategies! :)

  11. joel says:

    I for one am sick of the everyday B.S. about europe, default already, and just go away, who cares. Then they won’t be able to manipulate the market with all that crap’

  12. Doe says:

    Have you noticed that “default” has been replaced in the rhetoric by “haircut”…so do you think that Greek bond holders that end with less than half their money will care what they call it?

    Apparently those who trade stocks do!

  13. Rocko says:

    Bernanke doesn’t know what he is doing.

  14. Rene says:

    FED is going to print more money – good for market – bad for savers, What are they gonna do with inflation then?

  15. Steve says:


    […]Fed is going to help faltering economy, said Ben Bernanke | Hello Suckers …[…]…

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