Securities Research Services

Wednesday, February 14, 2007

Nervous Market Needs More Back and Fill

Bernanke testifies before Congress over the next two days and traders are nervous. It is likely that he will provide market moving information as the Fed appears to have hit the sweet spot with their last round of hikes, keeping inflation in check and keeping the economy on solid ground. Even so, the market may be a bit jumpy as it digests the news. Happy Valentine's!

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