Ben Bernanke FTMFW Quote Of The Day

Tyler Durden's picture

And the winner is...

  • BERNANKE: HOUSING MAY NO LONGER BE VIEWED AS SECURE INVESTMENT

That's right. He just said that. And with that, a Lewis Black moment is coming on...

He also said some other stuff.

  • BERNANKE SAYS HOUSING IMPEDING FED EFFORT TO SPUR U.S. ECONOMY
  • BERNANKE SAYS HOUSING SECTOR SUFFERS FROM `SERIOUS IMBALANCES'
  • BERNANKE SAYS HOUSING IMPEDING FED EFFORT TO SPUR U.S. ECONOMY
  • BERNANKE SPEAKS ABOUT HOUSING MARKETS IN ORLANDO, FLORIDA
  • BERNANKE: TIGHT MORTGAGE CREDIT WON'T BE EASED QUICKLY, EASILY

As a reminder, shadow inventory is now at a record high. But Cramer just called the housing bottom. For the 7th time. For the masochists among our readers, his complete comments can be found here.