NFTRH; Post-Yellen
Today I did something I rarely do and listened to nearly the entire Yellen speech. The reason I usually don’t listen to these things is because I don’t want to get caught in a mental whipsaw if markets start reacting to the jawbone du jour. But considering that in March alone the FOMC meeting (ultra dovish) and the subsequent clown show (hawks in drag paraded out just a week later) I felt that I needed some signals from Yellen.
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March 29, 2016
