TRADING WITH BERNANKE
Over years, Central Bank head Ben Bernanke’s testimonies have become a steady source of profits for me and subscribers to The Arora Report . Bernanke’s testimony from this morning before Congress’ Joint Economic Committee was no different. The race was on to read and interpret the text before the others to generate short-term profits. This is a simple technique that anybody can easily use to make money. This time, Bernanke made it easy. The crux of his testimony was in the second paragraph, “Economic growth has continued at a moderate rate so far this year. Real gross domestic product (GDP)