Wednesday, July 13, 2011

Is Ben Bernanke's position at Risk?

After a very long time Ben Bernanke did both true and right statement. In his previous press conference he made it clear that "Fed has done enough. Fed will complete our existing Program (QEII) and there won't be any stimulus further." His clear remarks have made no dent in commodities in fact they have gone up! So Ben's troubles are increasing. Since he has agreed that he has no tools anymore. Probably he has put himself at risk of losing his Position. Another Possibility is Euro Zone mess can become scapegoat for all problems and his position may persist but in my opinion his position is at  risk for Sure !!

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