Corby Asset Management

We have all spent our share of time at amusement parks. We always marvel at the degree of engineering required to subject the human body to stresses not present in our ordinary day. Those screams mean something. Investing is often described as similar to riding a roller coaster, where the rapid ups and downs can subject ones emotional framework to feelings of exhilaration, fear, and pain. We liken it to a ride called the Wild Mouse, one you might have spent some time on in your youth.

Ben Bernanke must be nostalgic for his childhood. On June 19th in the summer of 1961, when Chairman Bernanke was only 8 years old, Chubby Checker released his smash hit, Lets Twist Again. Chairman Bernanke, citing decreased inflationary concerns and heightened employment weakness, announced that Operation Twist, which had been set to expire at the end of June, would be extended until the end of the year.