Yellen Turns Goose for U.S. Stocks Rising on Speech Days
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Janet Yellen has spoken publicly at length on the economic outlook or monetary policy seven times since becoming the Federal Reserve chief. Her next address, on June 18, might provide as good a reason as any to buy stocks.
That’s because Yellen’s effect has introduced a new fowl to central-banking euphemisms. To doves and hawks, we have our first goose.