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Is Janet Yellen A Dove? Real Median Household Income Continues Declining Despite Fed
Confounded Interest ^ | 10/10/2013 | Anthony B. Sanders

Posted on 10/10/2013 1:30:32 PM PDT by whitedog57

The stock market has rallied significantly since President Obama nominated Janet Yellen to replace Ben Bernanke as Federal Reserve Board of Governors Chair. Yellen is committed to both sides of The Fed’s dual mandate of bolstering employment while keeping inflation in check.

But the equity markets like Yellen’s record as a dove meaning looser monetary policy and a possible delay in any tapering.

djia1010

Alternatively, the market could be responding to a possible debt ceiling stall by House Republicans that President Obama approve of. But Yellen’s record as a dove (she was the architect of quantitative easing) is greeted with glee by Wall Street.

preview FOMC 2014

Here is a chart of Fed Asset Purchases and the S&P500 index. Yes, Wall Street will LOVE Janet Yellen!

spxfarbst

Here is a chart of Fed Asset Purchases and the U6 unemployment rate and YoY CPI changes (as a proxy for inflation). It looks like inflation is falling slowly along with U6 unemployment rate. Very slowly.

dualmandate

Gold and silver prices are not so positive after QE3 was announced in 2012.

farbstgoldsilv

The worst chart of all: Real Median Household Income is running directly the opposite of The Fed expansion of their balance sheet. And we wonder why mortgage purchase applications are flat to falling?

medhincfarbst

Yes, Janet Yellen is a dove, so we can expect more of the same. Particularly if employment doesn’t speed up and real median household income continues to decline.

The_Dove_lobby_card (1)


TOPICS: Business/Economy; Government; Politics
KEYWORDS: fed; silver; stocks; yellen
Good luck with that dual mandate Yellen!!!!
1 posted on 10/10/2013 1:30:32 PM PDT by whitedog57
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To: whitedog57

Remember the scene in the beginning of Terminator 2 where the young John Connor taps the ATM? “E-Z Money!”

That’s Janet!


2 posted on 10/10/2013 1:38:52 PM PDT by Pearls Before Swine
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To: whitedog57
The stock market has rallied significantly since President Obama nominated Janet Yellen to replace Ben Bernanke as Federal Reserve Board of Governors Chair. Yellen is committed to both sides of The Fed’s dual mandate of bolstering employment while keeping inflation in check.

But the equity markets like Yellen’s record as a dove meaning looser monetary policy and a possible delay in any tapering.

djia1010

Alternatively, the market could be responding to a possible debt ceiling stall by House Republicans that President Obama approve of. But Yellen’s record as a dove (she was the architect of quantitative easing) is greeted with glee by Wall Street.

preview FOMC 2014

Here is a chart of Fed Asset Purchases and the S&P500 index. Yes, Wall Street will LOVE Janet Yellen!

spxfarbst

Here is a chart of Fed Asset Purchases and the U6 unemployment rate and YoY CPI changes (as a proxy for inflation). It looks like inflation is falling slowly along with U6 unemployment rate. Very slowly.

dualmandate

Gold and silver prices are not so positive after QE3 was announced in 2012.

farbstgoldsilv

The worst chart of all: Real Median Household Income is running directly the opposite of The Fed expansion of their balance sheet. And we wonder why mortgage purchase applications are flat to falling?

medhincfarbst

Yes, Janet Yellen is a dove, so we can expect more of the same. Particularly if employment doesn’t speed up and real median household income continues to decline.

The_Dove_lobby_card (1)

3 posted on 10/10/2013 2:02:29 PM PDT by upchuck (nobamacare must be stopped before it can live down to our expectations.)
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To: whitedog57

yellen is just a typical democrat
loves gov spending hates markets
she is about a thousand times worse than bernanke


4 posted on 10/10/2013 2:09:36 PM PDT by genghis
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To: genghis

dive, dive, dive....


5 posted on 10/10/2013 2:15:31 PM PDT by Leo Carpathian (FReeeeepeesssssed)
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To: genghis
She will continue to dilute the dollar and cause inflation. If they printed money 24-7 it still wouldn't help the average working class Americans. The money never makes it to the average person but the higher cost of food, gas and energy does. The only people profiting from this policy are the big bankers who own the politicians.
6 posted on 10/10/2013 2:43:08 PM PDT by peeps36 (I'm Not A Racist, I Hate Douchebags f All Colors)
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