$US exposed stocks to be hit

Ben Bernanke has thrown global markets back into chaos. A stronger Australian dollar will result which will weigh heavily on local stocks

Risk on. Again. After teasing the global economy for months about the prospect of reducing America's massive economic stimulus program, Ben Bernanke has decided at the last minute to hold off.

It was never a certainty. For the factor that almost everyone overlooked in their haste to predict a September start to the stimulus tapering was American unemployment.

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