BERNANKE SPEECH TANK MARKET

Key points in BERNANKE speech that spook market:

 WINDING DOWN QE WILL BE FIRST PART OF EXIT
AT SOME POINT WE WILL END' ASSET PURCHASE PROGRAM
WE MAY OR MAY NOT SELL ASSETS'
 EXIT STRATEGY BEING DISCUSSED FURTHER
COULD NORMALIZE POLICY BY LETTING SECURITIES ROLL OFF
 COULD IN NEXT FEW MEETNGS CUT PACE OF PURCHASES
 QE3 PURCHASES DEPEND ON DATA
 RESPOND `IN STEPS' TO DATA

All posts and charts are for educational and illustration purposes only