Ben Bernanke Mentions Possibility of More Rate Cuts
Yesterday, Ben Bernanke testified before Congress about economic stimulus and the possibility of more rate cuts. He did stop short of saying that the US would enter a recession. Instead, he pointed out that while economic growth will slow, negative growth was not a foregone conclusion.
The stock market wasn’t overly impressed by his testimony, and that means that it could be a good time to evaluate your investment portfolio for fundamentally strong stocks, buying those (while they are low) that are likely to recover.
Tags: Ben-Bernanke, economic-stimulus, investment-portfolio, more rate cuts, personal-finances, stock-market, U.S.-recession, yielding wealthRelated Stories
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