I would be surprised if anyone would disagree with you Quantum. Option expiry tomorrow and of course the unprecedented personal speech delivered by the Bernanke.

He will, no doubt, be carefully scripted and stay on message. But investors will comb through his comments for hints on when the Fed might start to hike rates, along with details on the nature of the recovery and the health of the labour market.

Wednesday’s rate announcement will be moved to 12:30 p.m. ET, and – for the first time in the Fed’s history be followed by a press conference at 2:15 p.m.

His appearance comes the day before a report is expected to show the U.S. economy grew just 1.9 per cent in the first quarter of this year, a slowdown from 3.1 per cent in the prior quarter. The economy faces domestic headwinds of rising gasoline prices and a continued slide in home prices.

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