Flexion Test, from Jordan Neuman
With the President being so concerned with the markets on Monday in the absence of a debt deal, is this not a test of who is calling the tune? Bernanke points to the Russell 2000 to judge QE2 a success. Does the market have to come down Monday to keep the theme alive? I would think if non-Governmental market participants had their say, they would rally stocks as a giant middle finger to the President. Who is he to invoke markets?
Gary Rogan writes:
It's a test whether the truth can triumph in spite of all the propaganda
Media Blackout: Nets Ignored Popular Cut, Cap, Balance Bill
Sushil Kedia adds:
The Zimbabwean markets went up like something….. with their QE ad infinitum. Eventually the only thing everyone needed to buy was chastity locks…