Bernanke's Bracket Breakdown: Championship Game
And the winner is...
Simply put, the gritty FORECLOSURES squad was no match for the aggressive style of DEFLATION.
While some pundits question whether DEFLATION would have even made it into the tournament without early season matchups against FORECLOSURES, by tourney's end the battle versus FORECLOSURES seemed little more than a coronation ceremony for DEFLATION.
But in all seriousness, the point of Bernanke's "Bank Shot" Bracket was to pit, in tournament form, the market's daily economic grist against one another in a definitive showdown. In reality, these economic terms do battle daily in the minds of market participants as they seek to discover prices for financial assets. The grist that remains from those daily battles is what we call "financial markets."
Finally, last but not least, the winner of Ben Bernanke's "Bank Shot" Bracket ticket drawing -- and recipient of two free tickets to the real NCAA Championship in San Anotino -- is... Minyan Steve Voigt of Honolulu, Hawaii. Congratulations, Steve!
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Daily Recap Newsletter