Bernanke Prepares More Punch, Holds Off Serving It

Federal Reserve Board Chairman Ben Bernanke Photograph by Chip Somodevilla/Getty Images

Grateful investors might confess that their punch bowl runneth over, thanks to the largesse of the Federal Reserve. After all, would the stock market have snapped back to pre-Lehman levels absent unprecedented zero-interest-rate policy, $2.3 trillion in quantitative easing, a scheme called Operation Twist, and Woodstockian amounts of dovish talk from Chairman Ben Bernanke?

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