Hey everyone,
I've been reading other threads and watching the market, and noticed that it seems any big moves will be following (or during) Bernanke's speech today.
I'm new to the effects he can have on the market. Can anyone give me examples of what he may say, and how it will effect the market? I'm assuming if he hints that interest rates may be cut, that will be $-. I'm looking for your wisdom.
Also, is there anywhere online that you can read his speech word for word. This is all very interesting to me. I won't trade it with my lack of experience, but am very interested in watching how it plays out.
Bob
I've been reading other threads and watching the market, and noticed that it seems any big moves will be following (or during) Bernanke's speech today.
I'm new to the effects he can have on the market. Can anyone give me examples of what he may say, and how it will effect the market? I'm assuming if he hints that interest rates may be cut, that will be $-. I'm looking for your wisdom.
Also, is there anywhere online that you can read his speech word for word. This is all very interesting to me. I won't trade it with my lack of experience, but am very interested in watching how it plays out.
Bob