The Traderszone Network

Published in TZ Latest News 19 July, 2015 by The TZ Newswire Staff

Janet Yellen Was Half Right

Just over a year ago, Janet Yellen did the unthinkable. In a moment of clarity, The Fed called out two darlings of the momentum-chasing euphoria-driven stock buying frenzy for ‘special’ treatment when Yellen uttered the Cramer-mind-blowing fact that “small cap social media and biotech stock valuations were substantially stretched.” It appears, judging by today’s market, that she was half right

 

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