Ben Bernanke Speaks

Good Morning

Just want to do a quick recap on Mr bernanke, He once again said he'll lower rates again if he has too. He expected slower growth the first half of 08 and then a steady pick up of growth later in 08 and 09. The dollar steadily weakened this morning as it does most times bernanke talks.

For the most part i agree with Mr Bernanke, Even though i think he's an idiot. Slower growth is always expected the first qaurter. This year its put in the spot light a bit because of the credit and mortgage crisis. I do see a slight pick up in the economy as we get out of the first qaurter of 08.

JP