Ben Bernanke was again in the news yesterday

S&P 500 (Mar 13) INTRADAY Review Yesterday the S&P staged a gravity defying rebound from Monday’s heavy losses and in fact the index closed just above the level opened the week at. Whist there were some seemingly negative comments from Italian politicians which suggested the likelihood of a coalition being formed was reducing, the S&P chose to overlook this and focus on more very positive US economic data as well as a more supportive Bernanke. We has a short strategy with the idea

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Ben Bernanke was again in the news yesterday