Monday, March 31, 2014

The League of Extraordinary Bankers

We knew Yellen and the Fed had our backs, right? $SPY

Despite the hawkish tone in recent comments, folks have always thought that new Fed Chair Janet Yellen was a dove.  Today, she backed that up with some chatter that helped rally stocks to the relief of bulls everywhere.

As someone on Twitter said, the Fed must have a watch list consisting of NFLX, FB, BIIB, TSLA and SCTY.

From our new Fed Chair:

"This extraordinary commitment is still needed and will be for some time, and I believe that view is widely shared by my fellow policymakers at the Fed," Yellen said in her remarks to a Fed community development conference.

Yellen Says Extraordinary Support Needed for 'Some Time'

By Jeff Kearns

Bloomberg - Bloomberg - Mon Mar 31 14:45:00 UTC 2014

Federal Reserve Chair Janet Yellen said "considerable slack" in the labor market is evidence that th...

If you have Windows 8, open this in Finance.

Sent from Surface Pro

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