Bernanke Lost Credibility

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Bernanke Lost Credibility 9 7 7

Today is a major bear move

that can take us down

100 more points on the S&P 500.

Bernanke is a reactive chairman,

not proactive.

His credibility is questionable

and it could take years for him to earn any.

He may now be in a panic mode

and real estate won't be helping this time

as it did for Greenspan.