I would like to share a way to gauge market sentiment from Federal Reserve news release by using http://www.wordle.net. I don’t know how useful it is, but can be quite fun.
Chairman Ben S. Bernanke’s testimony dated 9 Feb 2011: http://www.federalreserve.gov/newsev...e20110209a.htm
The following is the generated word cloud by pasting Bernanke’s testimony into Wordle. Based on the output, US still concern on few areas: consumer spending, inflation and unemployment rate.
http://lcchong.files.wordpress.com/2...ng?w=644&h=402
Chairman Ben S. Bernanke’s testimony dated 20 Apr 2011: http://www.federalreserve.gov/newsev...e20110420a.htm
The following is the generated word cloud by pasting Bernanke’s testimony into Wordle. Based on the output, Bernanke put emphasis on financial and economic education to public.
http://lcchong.files.wordpress.com/2...ng?w=644&h=298
Chairman Ben S. Bernanke’s testimony dated 9 Feb 2011: http://www.federalreserve.gov/newsev...e20110209a.htm
The following is the generated word cloud by pasting Bernanke’s testimony into Wordle. Based on the output, US still concern on few areas: consumer spending, inflation and unemployment rate.
http://lcchong.files.wordpress.com/2...ng?w=644&h=402
Chairman Ben S. Bernanke’s testimony dated 20 Apr 2011: http://www.federalreserve.gov/newsev...e20110420a.htm
The following is the generated word cloud by pasting Bernanke’s testimony into Wordle. Based on the output, Bernanke put emphasis on financial and economic education to public.
http://lcchong.files.wordpress.com/2...ng?w=644&h=298