Wednesday, June 22, 2011

Ben Bernanke Kills Rally

Ben Bernanke killed the stock rally today. Basically, the Fed reduced economic growth forecasts, said that the slowdown was partially due to Japan's earthquake, and well, who knows what. They're not sure. The Fed is going to keep interest rates near 0% for the time being, but will end the stimulus soon.

I guess it's up to us, now. Get out there and buy cheesecake and iphones, because the country needs you.

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