Uh Oh! Bernanke Agrees With Me
From Streettalk Off The Street
November 27, 2012 - 2:16pm
ALHAMBRA INVESTMENT PARTNERS
November 27, 2012
By: Joe Calhoun
There’s important potential for the economy to strengthen significantly if there’s a greater level of security and confidence about where we’re going. A plan for resolving the nation’s longer-term budgetary issues without harming the recovery could help make the new year a very good one for the American economy.
Ben Bernanke in a speech last week to the Economic Club of New York
Damn. Just last week I talked about how a resolution to the fiscal cliff could be very positive for the economy and the markets. Now Bernanke has to ruin it by agreeing with me. If there is one thing Ben Bernanke has proven beyond any doubt during his tenure at the Fed it is that his economic forecasting skills leave a lot to be desired. And it isn’t only Bernanke that is expressing optimism. Bloomberg reported last week that the highest...
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