By JSO II on December 2, 2013
currency, dollar, economy, federal reserve, finance
Wall Street
11/15/13 As the new Fed Chair’s comments to the Senate yesterday are digested by the market – we have initiated a Heavy SELL rating on anything Federal Reserve. Statements, outlooks, haircuts – etcetera. While we do expect more of the same rhetoric, it continues to baffle us. Common sense, logic, truth – we search and […]
By JSO II on December 2, 2013
currency, economy, federal reserve, finance
Wall Street
11/14/13 Speculation this morning reaffirmed rumors that Janet Yellen’s position of near zero interest rates for the foreseeable future. Some saying through 2015, some saying 2017 – one thing is for sure, there will not be abrupt change in Federal Reserve policy. Gold has reacted positively to the news, taking back some of its […]