The BBBuzz

Ben Bernanke. Ben Bernanke. Ben Bernanke. Try saying that 3 times fast! Mr. Bernanke testified before Congress today (for his first time out), and markets liked what he had to say. Expect further rate increases, but the new Fed chief indicated positive signs for further growth in the economy. That inverted yield curve thing? According to Bernanke, "What inversion?" He DOES see some slowdown in the housing market, but take a look at the hot markets in 2005. Phoenix, Arizona, is the place to be! Technology was the winner today, as HP announed an increase in earnings of 30%. Dow +30.58 NASDAQ +14.26 S&P 500 +4.47