Morning Joe Charts on Government Printing and Buying Money – Steve Rattner
StevenRattner.com: Morning Joe Charts: Fed
Morning Joe Charts: Fed
Posted: 20 Jun 2013 11:55 AM PDT
If you have time I recommend watching the video by clicking on the link below.
On yesterday’s Morning Joe, Steven Rattner discusses the growing number of bonds purchased by the Fed in its efforts to stimulate the economy. He shows how markets have reacted to Ben Bernanke’s pronouncements that the Fed will begin tapering down its bond-buying program should the economy continue to improve. Click here to view the video.
(Note: Red bulls-eyes on the last chart indicate statements made by Bernanke.)
The three dots in the chart above represent times when Chairman of the Federal Reserve Ben Bernanke has spoken publicly. The most recent example of this showed some short term turmoil on the stock market.