He is only Central Bank chief who's words are not believed my Markets now a days.The Fed chairman BEN BERNANKE maintained a cautious tone on the U.S. outlook once again said will keep interest rate low till 2014.He is concern about unemployment,looming tax increases,inflation.
Because he is not ready to erase hope of a QE3 ,market again moved up,if you check most of these days US futures are correcting in NON-US HOURS only,and investor participation is low in markets.
S&P VIX again moved lower to sub 17 levels.
Because he is not ready to erase hope of a QE3 ,market again moved up,if you check most of these days US futures are correcting in NON-US HOURS only,and investor participation is low in markets.
S&P VIX again moved lower to sub 17 levels.
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