Ben Bernanke Press Conference - Live Webcast

For now, markets are holding on to gains (in bonds, stocks, and gold) as we prepare for Ben to explain just how bad things are... and answer the tough questions about the growth slowdown in 2016... Of Course, that doesn't matter:

• DOW JONES INDUSTRIAL AVERAGE RISES TO ALL-TIME HIGH
• *S&P 500 RISES TO RECORD HIGH AFTER FED STATEMENT

Seems like moar of the same is here to stay in the Yellen Fed but now we know that QE is not helping the real economy - how will they 'communicate' its effectiveness? We suppose that, for now, Stein's warning of 'froth' is just for the academics...

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