This blog is about macro-economics, financial markets and the world that has been pulled over your eyes to blind you from the truth.
— Neo: What truth?
— Morpheus: That you are a slave, Neo.
The Bernanke PUT is born
After the Greenspan PUT and mega inflationary policies, here's the turn of Helicopter Bernanke to provide the market with a PUT:
June 25 (Bloomberg) -- U.S. stocks rose the most in three weeks as investors bet that Ben S. Bernanke’s defense of his emergency measures to rescue Merrill Lynch & Co. bolstered his chances of remaining Federal Reserve chairman.