5 notes &
Wall Street Falls On Eve of Bernanke Speech
Stocks fell on Thursday after several days of muted trading as investors took a defensive posture before Federal Reserve Chairman Ben Bernanke’s much-awaited speech on Friday.
Bernanke is due to speak at a symposium of central bankers in Jackson Hole, Wyoming, at 10 a.m. (1400 GMT) and is expected to stoke expectations of a third round of quantitative easing, though he may not detail the timing of the Fed’s action.
(Source: grliegirl)
