Was it Enough?

QE2 is guaranteed in the minds of investors, it has been for some time, even the rough size has been guaranteed. The question now is, did Bernanke live up to their expectations today, or did he disappoint.

Furthermore, unbelievably there was quite a disparity between PPI and CPI-that's a hard one to swallow without scratching your head, but the eco numbers were good today, better eco numbers means potentially less stimulus. So the market today should be back to what the market is about, sentiment and expectations.

We'll see how investors swallowed this mornings Bernanke speak.