More worthless talk out of yellen today.....just extremely dovish talk out of her mouth to keep wallstreet calm....everything she said wallstreet welcomed because it seems after all this talk of rate hikes they may be winding down to keep rates even more tame than everyone was expecting....the fed just wants to keep wallstreet happy with its cheap easy money policies and will find every excuse possible to do so.... http://www.cnbc.com/2016/03/29/yellen-pushes-back-at-the-hawks-stocks-higher.html
I wonder if the Board of Governors bought their call options before the close yesterday, or this morning.
As I said over and over .....the fed cannot and will not raise rates...all that talk of raising rates 4 times in 2016 and bringing rates to 1% was all LIES ....the fed knows that they can't do what they say because of how weak and worthless the economy is...its proof that they are just letting these low interest rates ride out for as long as they can....all talk out of their mouth is nonsense talk...its all lies and more lies....don't believe anything they say as all they will continue to do is bow to wallstreet .... http://www.cnbc.com/2016/03/30/why-the-fed-rate-talk-was-a-bunch-of-nonsense.html