Look who's talking...
MarketWatch brings us this gem: Bernanke may have tough talk for glum Wall Street
Ben Bernanke may not have many soothing words for Wall Street this week as the Federal Reserve hammers home its point that it will take more than a modest economic slowdown to pry loose more interest rate cuts.
So now that Bernanke has thoroughly thrashed the dollar and made a joke of interpreting our government's inflation numbers, he's going to "talk tough"? Did someone finally point out what's happening to the price of oil and the price of gold? Is the Fed starting to get a little worried? I don't think Wall Street is all that concerned with Bernanke's tough talk. They know he'll be there to rescue the stock market again as soon as he's truly needed. The Bernanke free money put is still in play
Stay tuned for fun on Thursday as Bernanke testifies before the Joint Economic Committee.