The Red Flag Has Now Been Raised!…”Like an angst-filled teen, the stock market seems intent on breaking the rules and doing whatever it is it wants to do.”
KingWorldNews.com
May 27, 2015
With the stock markets and U.S. dollar surging, today one of the greats in the business sent King World News a piece that warns the red flag has now been raised!
“If conditions develop as my colleagues and I expect, then the FOMC’s objectives of maximum employment and price stability would best be achieved by proceeding cautiously, which I expect would mean that it will be several years before the federal funds rate would be back to its normal, longer-run level.” — Janet Yellen, 5/22/15
Piece By Andrew Adams Sent From Jeffrey Saut, Chief Investment Strategist at Raymond James
May 27 (King World News) By Andrew Adams (Raymond James) – Well, after an extremely quiet five straight sessions that saw the S&P 500 close within a tight, five-point range, it would appear Mr. Market has returned from his little vacation needing to raise some cash.
The Rest…HERE