Is Bernanke Behind The Rallies?

["Gary Santos" <evs@xxxxxxxxxxxx>]

I've been watching all the markets rally. I wonder if Bernanke's hint of
extraordinary measures to liquefy the markets (in this case the stock
market) in his November, 2002 speech is behind these rallies. I don't see
any fundamentals to justify the size of this rally.

In my market, money is being placed back in the hands of consumers. Foreign
funds account for 3/4 of the volume. Certainly, this is money to spend ...
or to save. The central bank is offering a 10% tax free 5 year bond -- about
70% above the short term rate. I wonder.