Silver as an investment

Yellen Goes on Record: The Fed’s Pulling the Plug This Year

gainspainscapital.com / Graham Summers / July 10, 2017

The Fed keeps ringing bells to signal the top, but the markets aren’t listening.

Janet Yellen is set to present the Fed’s Monetary Report to Congress this week. Her remarks have already been posted online.

The results aren’t pretty.

Valuation pressures across a range of assets and several indicators of investor risk appetite have increased further since mid-February…

The Committee currently expects to begin implementing the balance sheet normalization program this year provided that the economy evolves broadly as anticipated…

Source: Federal Reserve

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