Wednesday, July 18, 2012

Markets Pointing Toward Rally In Risk

John Williams, President of the Federal Reserve Bank of San Francisco, delivered a risk-friendly speech in Portland, Oregon on Thursday. From the Wall Street Journal:
“This is a period when extraordinary vigilance is demanded,” Mr. Williams said. “We stand ready to do what is necessary to attain our goals of maximum employment and price stability,” [...]

Source: http://ciovaccocapital.com/wordpress/index.php/fed-policy/markets-pointing-toward-rally-in-risk/

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