Bernanke spoke today.
I came, I saw, I printed.
And he is willing to print some more, but would rather not tip his hand.
Otherwise it was an uneventful, boring market.
“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead