Wednesday, April 27, 2011

Just put on comedy central I mean CNBC

Fed Quotes:

Labor markets improving, unemployment still elevated

Household spending continue to rise (is that a good thing)

They are going to keep rates exceptionally low.

Economy improving, at a moderate pace

Inflation: They say the effect is transitory

Market reaction: hey guess what dollar sold off
Yields remained steady
Stocks moved up a bit
Silver and Gold reversed course and are now positive

CNBC is really talking up the Bernank's Press Conference

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