Ben Bernanke Archives - the patient investor %

….I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.

~ Remarks by Governor Ben S. Bernanke
At the Conference to Honor Milton Friedman on his Ninetieth Birthday, University of Chicago, Chicago, Illinois
November 8, 2002

Colin Twiggs

Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients.

Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter.

Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit.

Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.

The fact that buying tapered off after Wednesday’s and Tuesday’s [Treasury auction] sales underscores the attention that traders are placing on the Jackson Hole, Wyo., summit at which Bernanke will speak, betting against the prospect of some form of new bond-buying initiative…..

Troves of tepid economic data in the past few weeks had worked up hopes that the Fed would step in with some sort of disclosure at this weekend’s conference. But those expectations have died down since the start of the week as new data show the global economic recovery might not have slowed down as much as some investors thought.

via Cynthia Lin: Dow Jones Newswires|Treasury Prices Sink As Investors Pause Ahead Of Jackson Hole – WSJ.com.

Tag: Ben Bernanke

Ben Bernanke: We’re very sorry…. we won’t do it again

Treasury Prices Sink As Investors Pause Ahead Of Jackson Hole – WSJ.com