
Bernanke gives out more © fintag
News comments:Bernanke is at it again. Whilst Obama rambles on and gives himself some therapy and considers funding a Coffee Party to outwit the dimits of the Tea Party, the leader of the Fed is the only person doing anything to sort out that stubborn US economy.
Printing money is easy and that is what the Japanese inspired QE is all about. Bernanke will keep doing it until inflation roars its ugly head and America turns into Argentina or Zimbabwe of old, or as is looking likely the printing presses cannot stop the deflation virus and the dollar collapses into a heap of Yen.
Today's shorts:
Paloma: Looks good but is a troubled person (dailymail)
Today's longs:
BoA late to the UCITS farce (hedge fund week)
Gossip:
Obama to change his name to Bill Clinton.
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