Analysis

Investors Find Comfort in Yellen’s Words

Janet Yellen was out calming global markets after saying a US recession wasn’t likely. We’ve since seen attempts to rally stocks out from this latest minor sell-off low. Still, the reality of exhausted monetary policy tools in a world that could still be in need of such measures, is a reality that may keep stocks from wanting to run up much further.

Performance v. US dollar this week

 

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