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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: stuffbug who wrote (12026)11/15/2013 2:29:52 AM
From: humble1  Respond to of 41491
 
stuffbug: VERY interesting wrt Grandma Yellin!!! I think you nailed it with her language. I just read this article about what she really must know and then read your comments ...

This is about her lying about the bubble thingy:

The fact that Janet Yellen chose the criterion most likely among this group to give a misleading signal raises the issue of intellectual integrity. Possible explanations are ignorance and the wish to defend the quantitative easing policy that has taken place on her watch. Ignorance about these other metrics is unlikely. Janet Yellen is married to Nobel Laureate George Akerlof who has co-authored economic papers with the newest Nobel Laureate, Bob Shiller, who has been the most prominent proponent of the use of CAPE to evaluate whether the current level of the stock market is out of line historically. Ignorance, even if true, does not strike me as a valid excuse.

pbs.org