Yesterday, Bernanke gave a master class on poor communication

Market Review Yesterday, Bernanke gave a master class on poor communication. At 15:00 the first comments to hit the wires related to the need for continued monetary easing given the vulnerability of the economy. Equities hit new highs and the USD fell sharply as traders started to adjust their expectations for any type of withdrawal in the short term. Then, at 15:30, Bernanke said that the withdrawal process may start within the next few meetings if the employment levels indicate it prudent to

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Yesterday, Bernanke gave a master class on poor communication

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