Oh yeah, famous last words from the “Velma the Economist”. The only thing missing in this is Yellen saying “jinkies!”
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Yellen: Banks ‘very much stronger’; another financial crisis not likely ‘in our lifetime’
- Fed Chair Janet Yellen said the banking system is “very much stronger” due to Fed supervision and higher capital levels.
- Yellen also predicted that because of the measures the Fed has taken, another financial…