*** FED DECISION ***

good downswing there, now back up again, but with the fed saying it will keep rates down till mid 2013, i could imagine that markets will go down much further

bye

I think people just decided that stocks are better risk/reward at these prices than anything else, first they went down then they went up up and away.

Yeah, I know what you mean, investors had a divine revelation and decided that exactly 10 minutes after the FED statement today.

No QE3 announced, just ZIRP for the next two years (a stunning admission in itself of how bad things really are in the real world).

An admission that economic growth is "considerably slower" than first thought and unemployment will remain persistently high for a long time

YET.......

DOW recovers more than 600 points shortly after the announcement, up almost 4pc on the day

The 10yr UST yield drops almost 6pc to 2.24pc

Gold down almost 1.5pc for the day

Brent slightly down for the day

If you are not in awe of this man, you ought to be. I'm starting to think God is walking among us..........but then again nowhere in the scriptures does it mention that God had the ability to manipulate the markets without fear of an audit or prosecution.

We're saved, the world is saved, hail Bernanke, hail Bernanke.

(sarcasm intentional)

M
What exactly what he supposed to do, or rather what should he have done to please you and your ilk ?
Oh I forgot, you've blocked me and my questions forever.

I can see your lips moving but I have no idea what you are saying

melly its 8.46am here in aust , you posted 13 minutes ago. what time is it there? guess you were on night shift at maccas again?

Read my lips then ?