Gold Plummets, Stocks Fall As Bernanke Fed Says Economy Is Improving |
| February 29, 2012 | February 2012 Bond Updates |
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In a day where the media focus on the Fed was high, the institution headed by Ben Bernanke released an upbeat Beige Book for February. The economic report suggested economic activity continued to improve across most sectors and geographies, clashing a bit with Chairman Bernanke’s prepared remarks to a Congressional committee urging caution. Equities swung on the news while gold prices plummeted. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/02/29/gold-plummets-stocks-fall-as-bernanke-fed-says-economy-is-improving/ |
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