Markets act surprised! I’m surprised markets are surprised. Bernanke spent the last few months transmitting a message “taper will be data-driven, get it, guys? I repeat – data-driven!”
All the doomsday pundits out there need to take reading comprehension test.
4 thoughts on “Bernanke Keeps the QE going.”
Ah, I am glad we could agree on some things…:)) Why would anybody be surprised and gasping is totally baffling…It was supposed to be data-driven, he was crystal clear abt it, and data was not there…
I’m glad we are! It was totally obvious. I’m just wondering what those chief economists at Wall street banks were thinking.
Very strange. Those are very smart people and these are totally trivial things, so, no explanation…But I will go have a celebratory lunch now to mark finding a common ground…:)