Thursday, April 10, 2014

Yellen saves the day

The market rallied again on Federal Reserve Chairwoman Janet Yellen's comment on keeping 0% interest rate a little longer. For those feeling compelled to join the rally, ask yourself, why did the market sell off? Were you able to profit before it occurred? How long until Janet Yellen saves the market again?

The fact that the market needs to be saved should raise concerns on what the costs are and why are we trying to save it? Unfortunately, the costs most likely compounded to a point where civilizations are at stake.


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