Ben Bernanke Expected to be Accommodating

Joe Quinlan, MD and Chief Market Strategist at US Trust-Bank of America Private Wealth Management in New York talked about: - US markets, any rays of sunshine - bargain hunters to return - oversold opportunities on US markets - across the board, mentions consumer staples, energy, industrials, stay away from financials - expectations for Ben Bernanke's speech on Friday, what if the much hoped-for stimulus program doesn't happen = more talk on recession - view on oil, as Libyan rebels say Gaddafi's rule is over and brent crude fell by more than a dollar to around $107 a barrel - gold rose as high as $1,900 an ounce and is one of the year's best-performing assets - looks overbought to him, would prolly take money off the table if it hits $2,000 See omnystudio.com/listener for privacy information.