From our article on Seeking Alpha:
Bernanke’s speech friday reminds us how powerful the central bankers can be. While his words of reassurance were summed up in only one paragraph, his message was clear and understood. By reminding the market that the Fed isn’t out of bullets, will be prepared for strong consensus next month, and will continue to support growth with aggressive tools; investors would be wise to not fight the Fed. We believe investors should use the fear driven decline to initiate new positions, or add to existing positions, in under-respected global franchises.
via 7 Stock Picks For The Latest Indications Coming From The Fed – Seeking Alpha.
