Another Fed Chair Genius.
Federal Reserve Chairman Ben Bernanke has steadied Wall Street by telling Congress the recession might end this year. Are we crazy ? why in the world would anyone care what the Fed chairman predicts. He doesnt know , the economists dont know, the money managers dont know, CNBC doesnt know, Kramer doesnt know -and believe it or not -I dont know.
But what I do know is that there is still too much risk and uncertainty in this market. It may go up and a recession may end and the Cubs may win the world series but I am not willing to bet that any of those things will happen.
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