The world is anxiously awaiting Ben Bernanke’s remarks at his press conference tomorrow and Wednesday. The stock market is holding in a tight range, as it is worried that he may profess austerity which would bring slower growth. Although, some sort of austerity is what the country needs, we are not exactly an austerity driven society. Therefore, we should expect more of the same. QE2 will end for now but he will stand ready to bring it back and that they will use current bond proceeds to continue buying more bonds which still is a form of stimulus. Stocks will like it and move higher.