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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.

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.
loulou552 posts since
Aug 3, 2010
Rep Points: 3,431