“Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble. ‘What we look at is, if stock prices or asset prices more generally were to fall, what would that mean for the economy as a whole?’ Yellen said. ‘And I think our overall judgment is that, if there were to be a decline in asset valuations, it would not damage unduly the core of our financial system.'”
(Visited 24 times, 1 visits today)
Related posts:
Unit 731: How Japan’s Germ Warfare Unit Ended Up Working for the US
Pot Grower Demands Speedy Trial, Is Imprisoned For 6 Years Without Trial
H.R. 193 would force farmers to pay a fee on saved seeds and register them
Obama gets power to wage pre-emptive cyber warfare
Blackwater Founder Erik Prince: War on Terror Has Become Too Big
Blocked at U.S. border, Canadian expat lives out of his car in South Surrey
Bank of England: Central Banker as Movie Star
Paper Claims SEC Regulation is Biased ... In Other News, Sky Is Blue
Austin Police Union Thug Wayne Vincent Threatens Peaceful Streets Project With Violence
Coinality: Job Seekers Rush to Apply for Roles Paid in Bitcoin
James Corbett: The Last Word on Osama Bin Laden [2011]
Documents reveal IRS put Occupy groups on ‘watch list’ too
Florida Cops Use SWAT-Style Raids to Check Barbers' Licenses
Have You Heard the One About the Fiat Money Printing Central Banker?
Ex-Military General Dynamics Contractor: 'I Hereby Resign in Protest Effective Immediately'