Category Archives: Scarcity/Allocation
The Fed is signaling intentions to raise rates not once but a few times in 2017. But Keith points out there’s not much Fed Chair Yellen can do besides jawbone this issue. It’s clear the Fed lost control a long time ago, and traders are calling her bluff.
The markets can remain illogical longer than you can remain solvent, as the old expression goes. But from an investing standpoint, the stall in recent market action is a very good sign that buyers are optimistic, and people aren’t running for the hills.