Can This Economy Get Worse? Bernanke says, 'Yes we Can'

Ransom Notes Radio
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Posted: Sep 20, 2013 12:01 AM
Can This Economy Get Worse? Bernanke says, 'Yes we Can'

Ben Bernanke has a special gift: Whenever he opens his mouth its bad news for the market. This week’s announcement that there would be no end to Quantitative Easing (in the near future) was the wrong kind of “good” news for the market. Bill Tatro joined the program to discuss the Legacy Bernanke is leaving behind.

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Show Prep:

Bill Tatro joined the program to discuss the Legacy Bernanke is leaving behind.

Powerful or Pitiful?

Big Three:

Number Three:

You want a recap of what’s driving the market right now? Here's Bernanke: (FOMC)

Number Two:

Well the Fed’s decision to continue along the yellow bricked road of QE Infinity is playing with much of the market. . . But one area it is certainly toying with is the 10 year. Rick Santelli started off his morning Bond update with this keen observation: (CNBC)

Number One:

Jobless claims are out. . . And let me sum it up for you: There were more claims this week than last week – and we still have two states that have failed to report numbers. . . Now who can we turn to for some spin on this number? (Bloomberg)

Other News:

Poor Al Gore. . . (FoxNews)

Repeal and Replace just became a bit more detailed: (TheHill)

Next on the Obamacare-Implementation-Check-List: Create Death Panels. (RCP)

Chicago is a great place to get killed this time of the year: (FoxNews)

The full program, from start to finish, for your educational benefit: