Barker on Bernanke and the Market
June 5, 2006—Mike Barker, Investment & Retirement Management, discusses the comments made by Fed chairman Ben Bernanke yesterday saying the Fed “will be vigilant” and the market’s reaction, along with the market’s reaction to last Friday’s jobs report. Barker discusses the market recent “tough spot”, its performance during May and the performances of prior Mays. He also evaluates the comments made yesterday by Iran’s Ayatollah Ali Khamenei and its subsequent affects on oil and the market.