in his Friday New York Times titled Bernanke, Blower of Bubbles?
You should read it.
There is one paragraph that caught my eye, which I will quote without the hyperlink:
For whatever reason, many people in the financial industry have developed a deep hatred for Ben Bernanke, the Fed chairman, and everything he does; they want his easy-money policies ended, and they also want to see those policies fail in some spectacular fashion. As it turns out, however, dislike for bearded Princeton professors is not a good basis for investment strategy.I LOVE it: dislike for bearded Princeton professors is not a good basis for investment strategy
Now, go read that column! And pass it on!