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Fed Policy Still in the Spotlight: Outlook- July 20, 2014

Fed Policy Still in the Spotlight: Outlook- July 20, 2014

5 Years ago | July 20, 2014 00:00:00



Geopolitical Events Will Fade

Geopolitical news on Thursday set the stage for the weekend, but barring new developments, the Malaysian Airliner incident and Israeli incursion into Gaza will quickly fade as market factors.

Fed Policy Remains Central

A major event last week was the semiannual Congressional testimony by Fed Chair Yellen. We always take testimony by the Fed Chair with a grain of salt. One of the goals of the central bank chief is to inspire confidence in the economy. This is in addition to providing an honest assessment of the economy to elected officials. I listened to every word from her in both sessions. I recommend the C-Span webcast, because it is not consta

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