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Thank You Mr. Bernanke!

It is very rare to say public thanks to a public official But given what Mr. Bernanke has done as Fed chairman over last 5 years during financial crisis and almost single-handedly saved America (and to some extent) world economy from another depression, he deserves Thanks. Mr. Bernanke retired on Jan 31 and effective today he has become private citizen. I am sure he is proud of his achievements of saving world economy and most importantly saving millions and millions of jobs when politicians in Washington were fighting each other and doing nothing. We should consider ourselves fortunate that we had a student of depression era has Fed Chairman and was daring enough to follow un-conventional (and many times controversial) policies to prevent America from falling into another depression. For that Thank you and wish you best of luck Mr. Bernanke!
This weekend is SuperBowl weekend. While we are little dis-appointed that 49ers did not make into SuperBowl, it's always fun to watch the Big Game and interesting advertisements which companies are paying nearly $4 Million per 30 second slot. This is 2nd time in last 20 years when teams with best record (13-3). So here are my predictions for game and next week:

  • The game would be close. Broncos would win SuperBowl
  • Next week Twitter is going to announce it's first ever results as public company. Given the lessons they learned from FB IPO and post-IPO, Twitter's results would be outstanding (after ll FB had outstanding quarter - letter late than never)
  • Emerging markets would continue to struggle but US markets would find footing with DOW around 15500 and then slowly and steadily resume it's upward march
Have a great game party time.

/Shyam


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