Stocks Go Into The Red As Bernanke Speaks
Stocks have completely erased their early gains. - Currently, Federal Reserve Chairman Ben Bernanke is testifying before the Senate banking committee. According to his prepared remarks, is looks like he’s maintaining his dovish slant. But during the Q& A, Fed-watchers will be looking for any clues on how the Fed plans to unwind easy monetary policy and allow interest rates to rise again.
Daily Bell: IMF: ‘World Economy Could End as We Know It …’