Tuesday, October 4, 2011

S&P 500 Bear Market



As Mr. Bernanke spoke today, the S&P 500 index officially hit bear market territory.  You can watch the video above and listen to the words that spooked traders this morning.

What is more interesting to me is how the financial press covered Bernanke's testimony today.  Here is an excellent example from IBT.  Did you hear what they say he said?