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Why Did The Stock Market Fall Today?

Thursday, June 20, 2013 - 5:44 PM
Why Is the Stock Market Falling? -- Daily Intelligencer

Blame it on Bernanke, blame it on the Chinese; et. al...

The fact is that the stock maket is like a cranky baby.  Even though the baby's demand is often unrational (i.e., prolong QE), if it is not met, baby cries fro Mommy.

So, I do not think it was the Bernanke's speech delivery, it was not the Chinese, it was the economy and the fussy nature of the stock market.

This too shall pass.

Cheers.
6
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
1. Thursday, June 20, 2013 - 9:36 PM
This is what happens when you have Bernanke and the Fed heavily manipulating interest rates and asset prices. It's like crack cocaine for the financial markets.
6
loulou552 posts since
Aug 3, 2010
Rep Points: 3,431
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