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The Red Flag Has Now Been Raised!
kingworldnews.com / May 27, 2015
With the stock markets and U.S. dollar surging, today one of the greats in the business sent King World News a piece that warns the red flag has now been raised!
“If conditions develop as my colleagues and I expect, then the FOMC’s objectives of maximum employment and price stability would best be achieved by proceeding cautiously, which I expect would mean that it will be several years before the federal funds rate would be back to its normal, longer-run level.” — Janet Yellen, 5/22/15
Piece By Andrew Adams Sent From Jeffrey Saut, Chief Investment Strategist at Raymond James
May 27 (King World News) By Andrew Adams (Raymond James) – Well, after an extremely quiet five straight sessions that saw the S&P 500 close within a tight, five-point range, it would appear Mr. Market has returned from his little vacation needing to raise some cash.
Perhaps he had a little too much fun wherever it is he went last week and now his very well-diversified portfolio must be partially sacrificed in order to pay for his adventures, but whatever the reason for his “everything must go” sale, it was not a good day to be holding stocks as the S&P 500 fell more than it had during any session since May 5th.
The post The Red Flag Has Now Been Raised! appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/05/27/the-red-flag-has-now-been-raised/
