NEW YORK ( TheStreet) -- Throughout the financial crisis I argued that we were in good hands with Ben Bernanke guiding the economy. I believe those who conclude that the efforts of QE1 were a failure are 100% wrong. The primary purpose of the Fed is to stimulate confidence in times of economic contraction and to temper inflation in times of economic growth.As much as we all want to believe that our economy is built upon a rock of fundamental safety, it is not. All economies do well in times of confidence and suffer from the lack thereof. Bernanke understands this and has consistently been able to provide the economy with jolts of confidence when it needs it most.
Apple Option Leaps With QE2
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.