Hints Of More Money Printing

On March 27, 2012 by TradingDesk

Hints at more money printing from Helicopter Ben Bernanke sent stock and commodity prices soaring Monday, as cheers for free money and fears of resulting inflation brought out buyers from all sides. Energy prices were relatively subdued, as the contracts struggle to deal with a weakening fundamental outlook and range-bound technical trading.

Prices are slipping a bit this morning, following the Euro lower after Spain and Italy sold short term debt, but had to pay more to do so. The moves are unimpressive so far, with many apparently waiting for a raft of economic data this morning to decide the state of the economy – or, more importantly – the FED’s reaction to it.

CLICK HERE for a PDF of this morning’s charts

 

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