Wednesday, June 19, 2013

Bernanke Talks, Stocks Fall

CNBC notes that stocks fell after Fed Chairman Bernanke suggested that the Fed may reduce its purchase of government bonds--i.e., ease up on quantitative easing.  Since stock values have been artificially inflated due to the Fed's program, it should be no surprise that stocks would fall in value just on the mere whiff that the Fed may discontinue its program.

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