New Fed chief settles in, so do investors (Sydney Morning Herald)

[NewsReader]

Telling investors what they want to hear ? Dr Bernanke at the Economic Club of Chicago. Photo: Reuters THE sharemarket's $20 billion bounce on Friday was an overreaction, just as the overwrought sell-off that preceded it was, and the Pollyannas who are now predicting smooth sailing upwards are likely to be as wrong as the Hanrahans who days earlier were predicting a market rout.

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