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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: EQ who wrote (23912)	8/20/2006 4:06:35 PM
From: fahrenheit451	Respond to of 42834

Elan Quantro Thanks for the speech from Bernanke. Remarks by Chairman Ben S. Bernanke Before the Economic Club of Chicago, Chicago, Illinois June 15, 2006 Energy and the Economy "In the short run, sharply higher energy prices create a rather different and, in some ways, a more difficult set of economic challenges. Indeed, a significant increase in energy prices can simultaneously slow economic growth while raising inflation." The paragraph above seems to contradict Brinker's claim " ..chairman Bernanke has made it clear that he recognizes that higher oil prices can be a counter inflationary force..."

To: EQ who wrote (23912)	8/20/2006 4:54:58 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

Did he really say that about bike riding? LOL! I saw some idiot talking on a cell phone while riding his bike... Sometimes I think helmet laws are bad because they help people like that continue to breed. Thanks for the info. I hardly read that other forum. Why not post it on Suite101 too where thousands will read it compared to the handfull on UTEK?? We're making a list of what Bob said on the show along with comments. Jeff Christy made a good comment disagreeing with Bob's CVX advice. We don't yet have a bullet for Brinker saying Bernanke agrees with him about oil and inflation. That link to Bernanke's direct statement saying higher oil both slows economic growth and causes inflation (stagflation?) would make another good bullet point in our summary.