“See how easy investment analysis is. Even a Fed chairman can do it. ‘Get out of social media and biotech,’ she practically urged investors. ‘Buy blue chips and the broad market.’ In this, Ms. Yellen is not just making headlines; she’s making history. As far as we know, no other Fed chairman has ever offered sector analysis. We’d like to see her portfolio. Here is a woman who not only observes markets; she moves them. In the event, investors sold the sectors she warned against, and bought the broad market…sending the Dow back to record territory. What a fortune you could make if you knew what she’d say next! And what a dope you’d be if you believed her.”
Related posts:
It's time to destroy the U.S. smallpox reserves [2011]
World Food Prices Jumped 10 Percent in July
The NSA is giving your phone records to the DEA. And the DEA is covering it up.
Donald Trump Flaunts the Dangers of Presidential Power
The UK Recovery that Isn't ... the Market Recovery that Is
Jeffrey Tucker: The Great Deficit Ruse
Europe’s Pain is the World’s Gain
Will Grigg: What Holder Really Said
NGO Lies, US Government Ties, and Pu**y Riot: Who Are the Real Monsters?
Electronic Walls, Property and Government
Detlev Schlichter: Forward Guidance? – Nonsense! Central bankers have no choice.
No Rose Can Mask the Stench of Obama's Tyranny
Bernanke's Plan...If He Identifies Bubbles
Why Isn't The Murder Of An American Boy An Impeachable Offense?
The Pension Rate-of-Return Fantasy
