To Show Spine, Or Not to Show Spine...

Takeaway: No, I don’t think Ben Bernanke has the spine to taper in December.

To Show Spine, Or Not to Show Spine... - doll99

I sent out the US Dollar short signal on its bounce to lower-highs (within bearish TREND) yesterday. No, I don’t think Ben Bernanke has the spine to taper in December.

 

This is one of the few times I would be more than happy to be proven wrong. The Fed should have tapered three months ago. 

 

We might get one hell of a Buy-the-Damn-DollarDown stock market pop next week if Bernanke Burns The Buck (again). 

 

To Show Spine, Or Not to Show Spine... - drake1

Editor's note: This is a brief excerpt from Hedgeye CEO Keith McCullough's morning research. Click here to learn more about how you can subscribe.


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