Economy Shows Some Hopeful Signs

As we all know by now, last week the Fed once again spoke and as we've seen in the past it weighed on the market. Also once again, it seems Mr. Stock Market misconstrued what was really said. I blame the thinly-veiled words used by Janet Yellen that in some minds sent a conflicting message of what was to come and when.

To continue with the once agains, it seems the Fed is once again trying to clean up the mess. Comments today from James Bullard, president of the Federal Reserve Bank of St. Louis, seem to be in that vein. Speaking at the Credit Suisse Asian Investment Conference, Bullard said "the U.S. is in "good shape" to have economic growth of more than 3 percent for the remaining quarters in 2014 and may reach that pace for the full year."...404 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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