Authored by Lance Roberts via RealInvestmentAdvice.com,
Janet Yellen, Federal Reserve Chair, recently stated;
“Will I say there will never, ever be another financial crisis? No, probably that would be going too far. But I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will.”
The
last few days have seen the biggest outflows from S&P 'growth' ETFs
on record, and as Deutsche Bank AG’s chief global strategist, Binky
Chadha, notes the cheapest U.S. stocks relative to earnings, sales and
assets are poised to turn the tables on faster-growing peers...
The euro soared to the highest level in over a year while bond yields and global shares also climbed, as an ongoing barrage of coordinated hawkish comments from central banks signaled the era of easy money might be coming to an end for more than just the United States. S&P futures were fractionally in the green following the best day for US equities in two months, as banks climbed after passing the Fed's stress tests and announcing bigger than expected shareholder payouts.
Authored by Stephen McBride via MauldinEconomics.com,
The Fed’s hope was that quantitative easing would stimulate economic growth. But a former senior economist for the Fed believes it has done the exact opposite.
More crappy data and every central banker in the world turning hawkish... BTFD you idiots!!
As we noted earlier... there's only one thing standing...