
1st, it was Greenspan, like to green and span the world to make it a green and better world to live with..Ya, then past d baton over to Ben...Err blurrnaanke, let hope he can do a better job then Span, my tot also for M'sia new Mahathrism new team as he has did past those old problem too long that sweep under d carpet, all credit for passing his baton to his out going M'sia PM.
teeth53 ( Date: 25-Jul-2006 09:06) Posted:
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This man has come to understand himself as a very powerful man that can move the world stock mkt and in US stocks as well, so he is a learned man, very fast learner and he now talk more in tune with mkt and not any how talk or to boost his own self esteem.
For your reading pleasure on Fed after last week's Congress report ....
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Markets to Bernanke: No more questions
Commentary: The Fed's Bernanke should listen to the markets
By Tomi Kilgore, MarketWatch
Last Update: 4:13 PM ET Jul 24, 2006
Bernanke sets stage for Fed pause, at some point , some good news is coming in from this man. Thk.
Still this Mr Bernanke is alot a learned man, instead of any how say, saying about wanted to contend inflation. He is more careful of what he can do to damage the whole world mkt economic just with his word, he realised that he is in deed a very powerful man.
wellwell...
Dun look things on its cover...
Trade with care!!!
Hope Benny speaks something positive today to the US congress ... cos Dow & Nasdaq down now.
At last!!! this time after so many round in d ring, he is in deed doing his job rite on d dot, well time to said his is alot more careful now, so in future expected to doing a fine job fine tuning US & world mkt economic.
Yes, in deed this man did it again. This time +ve news to DOW by up 212 pts liao or 1.96% to give senate a hint that thing R in control. SGX guess up by 80 points for a start & all green for today world index.
CAPITOL REPORT
Bernanke says we'll all be fine
Fed chairman shifts focus to the future, which looks good
By Rex Nutting, MarketWatch
Last Update: 10:57 AM ET Jul 19, 2006
"Bernanke has been prepared to say what he is going to say today for a while, but we're not going to like it," said Art Hogan, chief market strategist at Jefferies & Co. "Whatever the market does at the opening changes drastically once Bernanke starts talking at 10 o'clock."
Hogan said Bernanke's testimony comes just as the latest consumer price report shows inflationary pressures in the economy picking up.
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Above from Market Watch.com just out ....
WASHINGTON (MarketWatch) - Federal Reserve Chairman Ben Bernanke will do his best to keep from painting himself into a corner as he begins a report on monetary policy on Wednesday, but the June CPI report could close off his options before the policymaker even speaks, economists said.
The CPI data, to be released ninety minutes before Bernanke begins his two-day testimony, will be the key to whether the Fed will pause in August, economists said.
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Think our Benny is out of choice ... again. Sigh! What a trading day tomorrow .... again!
Careful. Let hope this man don any how talk ok ok liao.
"An upward surprise [an 0.3% rise in the core CPI] would close the door significantly further to the pause option, while a downward surprise [an 0.1% rise in the core rate] would leave it very much open," said Peter Hooper, chief economist at Deutsche Bank.
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Refer to above comment.
Core CPI is 0.3% as reported a while ago .... That means Fed will do another interest rate hike next month ... :(
Benny coming on in about 1 hour time .....Watch out!
THE FED
Bernanke wants flexibility, but CPI might take it away
By Greg Robb, MarketWatch
Last Update: 3:53 PM ET Jul 18, 2006
News coming .. Mr Benanke news Wed nite, hope is good liao. He learn very fast mem.. Wed nite Dow will be up, not DOWn, Cheongg...hahh
Bernanke can't please everyone.
Report to Congress on economy, Fed policy to set off fireworks on Wall St.
By Greg Robb, MarketWatch
Last Update: 8:01 AM ET Jul 16, 2006