Bernanke has no soothing words

Markets dive as Bernanke speaks showing who is boss!

From Zero Hedge

Bottom line: nothing now, QE3 now expected to be delivered Sept. 20? or not…

  • BERNANKE SAYS FED HAS LIMITED ABILITY TO ENSURE LONG-RUN GROWTH
  • BERNANKE DOESN’T SIGNAL NEW STEPS FOR PROMOTING U.S. GROWTH
  • BERNANKE SAYS EXTRA DAY TO ALLOW `FULLER DISCUSSION’ OF TOOLS
  • BERNANKE SAYS FED TO EXTEND SEPT. FOMC MEETING TO TWO DAYS
  • BERNANKE SAYS FED HAS `RANGE OF TOOLS’ FOR STIMULATING GROWTH
  • BERNANKE SAYS `FINANCIAL STRESS’ WILL BE A `DRAG’ ON RECOVERY
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