CHART OF THE DAY: The Reverse Bernanke Effect

button more charts
button chart prev
button chart next

Yesterday’s Chart Of The Day highlighted the surge in stocks as soon as Bernanke’s testimony about being open to more QE hit the wires.

Today: The opposite.

One comment about there being no plans for imminent easing sent oil plunging

Not the most inspiring version of efficient markets.

chart of the day, crude oil futures, july 14, 2011

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at