Goldilocks and Ben – the Big Bear

By Richard E Walrath

The Dow settled down somewhat but still finished up for the day and the week. 

I can’t make any sense of it–maybe Goldilocks can.  The money heads are always talking about the Goldilocks economy.  Maybe she has the answer. 

The Fed has cut rates twice now in fear of a recession.  The Dow jumps several hundred points.  The employment report comes out with some pretty anemic figures which proves the economy is good, strong, and vibrant, says our president.  So the Dow jumps again.

What’s the Fed going to do now?  What is Ben Bernanke, Chairman of the Federal Reserve System going to say? 

Stay tuned.  Your job may be at stake.

 

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