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That's -- thanks thanks ladies.
Inflation remained a no show last last month which should affect confidence to roll out another round of easing that we do we need it.
Joining me now to -- is Stuart Freeman chief equity strategist at wells Fargo's advisors story thanks so much for joining us.
Outlook sure take away from.
Chairman Bernanke today was he more or less pessimistic about the economy -- you thought he was before you -- him to.
You know I think he's I think he still.
Optimistic about the economy I think they're still standing -- the sidelines.
They're prepared to make a move.
Liquidity move whether it's third twister third QE3 whatever it is -- long the way.
-- -- you know probably I would guess if they do it wouldn't be till September.
Doesn't really look like it's what they need to do right now I think they feel like.
Perhaps -- labor.
Does move along little better it's certainly possible that.
That the decline in oil prices.
That we're seeing is helping inflation and declining gasoline prices.
Are gonna help as we move.
Through the years so what -- -- deflation or low inflation at least is is what.
In part got Ben Bernanke started on this -- in the first place I know you're looking to 2% inflation.
In the near term which is you know obviously very little do you think this gives him more room to move -- it may be more inspiration.
But certainly gives more room to move I mean I say you know overall -- say they're they're looking for a good balance of of job growth and inflation.
Why is certainly gives them more room to move if they need to I I don't think they have to worry too much about the inflation side there's certainly.
Interest in getting the job growth side moving more but is there anything that we feel about I'm not an exit their power.
Now I I think what what you know what you can do is continue to keep the rates down.
You see more refinancing.
Along the way it looks like the housing market right now appears to be.
Showing some bottoming and a lot of markets and that's a positive.
These move we move ahead again.
More liquidity in the system will help.
Even if it doesn't result in dramatically lower rates and I think that's what -- -- be.
What -- they would try to be doing now with with twist.
OK so your current oh yeah I mean there's a move that they can make start for.
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