Broken Job Markets And QE3: Bernanke Feeds Wall Street’s Addiction
- Monday, March 26, 2012, 23:56
- Market
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The collective voice that is the market has responded paradoxically to Fed Chairman Ben Bernanke’s speech highlighting how weak labor markets truly are. As Bernanke explained that the recent fall in unemployment doesn’t represent the true state of the job market, risk assets rallied as investors selectively chose to hear Bernanke indicating the Fed would engage in more quantitative easing (QE3).
http://www.forbes.com/sites/afontevecchia/2012/03/26/broken-job-markets-and-qe3-bernanke-feeds-wall-sts-addiction/
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