Dear Janet, You Have A Problem – The Fed Policy ‘Death Cross’
by Tyler Durden
ZeroHedge.com
03/31/2016
“Stock whisperer” Janet Yellen has a major problem. Despite the world’s central banks’ coordinated easing-driven surge in stocks off the mid-Feb lows, consumer comfort in America has collapsed to its lowest since Dec 2015. The “wealth creation” engine is not transmitting to animal spirits and exuberance among average joes… despite Jim Cramer’s exposition that “Yellen is speaking for the common person.”
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