Reposted from Bruce Krasting’s blog with his permission.
Janet Yellen, Bernanke’s soul mate (and mouthpiece) spoke last week. She argued that the Federal Reserve’s Zero Interest Rate Policy (ZIRP) should be maintained for another three years.
Liquidity moves markets!Follow the money. Find the profits!
Tim Geither, Obama’s side kick, had a completely different take on the economy on the Sunday talk shows.
And all this time I though it was only stockbrokers who talked their book….
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