Monday, February 13, 2017

Fed Chair Goldilocks

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Fed Chair Janet Yellen speaks before Congress tomorrow and Wednesday. She will sound pretty dovish. There is a goldilocks setup taking place in markets with strong jobs and low inflation. That should be the message the next two days from the Fed.
The term was prevalent in the 1990s when there was strong growth and low relative inflation.
Based on recent economic data the economy seems to be hitting a similar stride short term.
Strong Jobs

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