The Traderszone Network

Published in TZ Latest News 22 August, 2014 by The TZ Newswire Staff

Janet Yellen’s J-Hole Speech: Slack Remains, QE Is Over, Rates Could Rise Sooner (Or Later)

Simply put, as Citi noted, unless Fed head Janet Yellen goes full-dovish, risk assets face tremendous downside potential.  As ConvergEx’s Nick Colas notes, Yellen receives a “B” grade from financial professionals, fewer than half (49%) of those surveyed approve of the job the Federal Reserve is doing. A clear majority (59%) of respondents describe the Fed as being “behind the curve” with respect to interest rates.

read more