How Ben Bernanke Rationalizes “Exceptionally Low” Interest Rates
Posted on January 26, 2012 at 16:54 PM EST
Anything happen in the markets yesterday? To tell the truth, we forgot to check. Let’s have a look now, then… Dow up by 80-something points. A barrel of the world’s currently-preferred energy sits pretty at $100, on the nose. Nothing much, in other words. Ooh…but here’s something: “Gold extends post-Fed rally to 6-week high.” MarketWatch [...] How Ben Bernanke Rationalizes “Exceptionally Low” Interest Rates originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.