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« Weighing the Week Ahead: Is the Housing Rebound for Real? | Main | Indicator Update for February 23rd, 2013 »

February 27, 2013

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Andrew H

I watched Bernanke's testimony from a hotel room in Dubai. (I was very bored.) But I am sure I heard one committee member mention "The Hong Kong and Singapore Banking Corporation". If that is the quality of panel member I am in fear!! There had also been no thought given to the possibility that the Fed might hold paper to maturity and assuming no domestic currency default (??) by the US there would be no capital loss. Climbing the wall of worry seems to be a little easier today than it was 12 months ago. Italy spooking the market lasted a very short time - it may and probably will come back but if I have learned nothing else from reading "A Dash" it is to take what the market gives you.

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