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Richard's Remarks

 

And so it was last week -- a lot of words. Mario Draghi, new head of the EU bank promised that Europe would do "whatever it takes" to ensure that the euro remains a viable currency. As usual Draghi gave no detail's concerning how he would save the euro.

 

A the same time, Fed chief Bernanke stated that the Fed was monitoring the US economy closely, and that the Fed still had plenty of ammunition -- if, of course, it was needed.

 

On the Facebook front, Zuckerberg finally showed up at a FB meeting and stated to a highly excited audience, "Our goal is to help every person stay connected and every product they use be a great social experience." Nothing was said of real interest to anxious investors who were wondering how they would get their money back -- and after saying literally nothing of value, the Zuck bowed out.

 

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