Investing & trading with exchange-traded funds (ETFs) and closed-end funds (CEFs). Strategies & analysis but no buy or sell recommendations.

Visit SeekingAlpha ETFs

Bernanke Today: Economy and the Dollar

Posted on June 03, 2008

Fed Chairman Ben Bernanke commented on the economy today. Outlook: Broadly speaking, the functioning of financial markets has improved of late, but conditions remain strained and some key funding and securitization markets have shown only tentative signs of recovery. Some borrowers, such as highly-rated corporations, retain good access to credit, but credit conditions generally remain restrictive in areas related to residential or commercial real estate. Residential construction continues to contract, and the overhang of unsold new homes remains large, although it has declined some in absolu...

Original article link


bernanke , commodities , commodity , economy , fed , federal reserve , foreign exchange , futures , inflation , markets , oil