JANET YELLEN’S SPEECH WAS WISHY-WASHY. NOW WHAT? $SPY $QQQ $GLD $SLV $GDX $TLT $UUP $VXX
In her much-anticipated speech at the Federal Reserve Bank of Kansas City Symposium at Jackson Hole, Wyo. on Friday, Janet Yellen started out by eloquently making a clear case for a Fed interest-rate hike. Then it seems she couldn’t help herself and turned wishy-washy. Yellen’s wishy-washiness has made the markets