Get prepared for more of what we call the Yellen Effect.
Judging from her recent remarks look for a few clouds but mostly clear skies for the stock market. Overall, the market isn't crazy-over valued here. Not yet. But keep your helmet handy.
And as difficult as it might be to believe, unfortunately there's plenty of time and room for offically-scanctioned screw ups. Yellen talks about meeting Congress' mandate for the economy. This is the same crowd who pushed for homeownership for one and all, creating along with their friendly banker colleagues in their obtuse zeal the subprime mess.
These are the same boys and girls who put a put option under the banking industry as part of the deal.
http://www.bloomberg.com/news/2014-03-05/yellen-says-economy-falling-short-of-congress-mandated-goals.html
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