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Strategies & Market Trends : Currents of Currency

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From: Ahda10/22/2014 2:02:45 PM
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Oct 17, 2014, 4:38 PM ET
By The Associated Press
Federal Reserve Chair Janet Yellen expressed deep concerns in a speech Friday about growing inequality in the United States. Citing data compiled by the Fed, she outlined the accelerating divide in incomes and wealth between the top 5 percent of households and everyone else. Her remarks identified four "building blocks of opportunity" that she believes would help ensure that upward mobility is within reach of all Americans The Associated Press

Soon the holiday season approaches and the wisdom of retailers starts to show up in the pricing of goods. If you have a economy that is pretty affluent and feeling secure higher priced goods take the limelight as they will be sold. If you see in average retailers a large selection of lower priced goods and some of lower low have already have been sold out you know that numerous people are trying to find where the building blocks of opportunity are hiding. Problem in retail is saying 95% of the people are trying to afford to shop at our stores.

I suppose the bond market is echoing the concern of the 95% Stats do not look bad but the people street economy does not look good.
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