So, the Bernanke put exists. The global stock market moved up strongly over the past 24 hours on the back of Bernanke's 50-50 rate cut. This clearly signals his style and mojo closer to Greenspan than he originally led on. There is no clear indication what might happen at the next meeting on Oct 30th. Market participants are now left debating whether this is helping Main Street or Wall Street. Time will tell.
Johnny Rogue was spotted at USA Today, today. Check it out here. Good luck.
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