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Thread: Janet Yellen

  1. #1

    Default Janet Yellen

    Janet Yellen says second-quarter GDP could decline by 30% and unemployment is already at 12%-13%

    Former Federal Reserve Chair Janet Yellen said the current unemployment rate could be 13% while economic growth is down 30% or more.

    Yellen expressed some doubt as to whether the U.S. recovery will signal a quick recovery shaped like a “V.′

    Yellen told CNBC the current situation is a “huge, unprecedented, devastating hit” though it is not in the same category as the Great Depression.
    https://www.cnbc.com/2020/04/06/jane...13percent.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.


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  3. #2

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    Default Re: Janet Yellen

    You knew this was coming, right?

    "Cryptocurrencies are a particular concern," Yellen responded. "I think many are used—at least in a transactions sense—mainly for illicit financing."

    She said she wanted to "examine ways in which we can curtail their use and make sure that [money laundering] doesn't occur through those channels."
    https://www.wired.com/story/janet-ye...ryptocurrency/

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  5. #3

    Default Re: Janet Yellen

    Yellen says the government is operating like it’s 2010, calls for more aggressive spending

    KEY POINTS

    Treasury Secretary Janet Yellen called on congressional leaders to get more aggressive in spending.

    In inflation-adjusted terms, Yellen said the budget hasn’t really increased since 2010.

    She noted that several areas of her department remain significantly underfunded.
    https://www.cnbc.com/2021/05/27/yell...-spending.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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  7. #4

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    Default Re: Janet Yellen

    BS?
    12/02/2021
    LS CRUDE Oil
    =$66.50 a Barrel, Daily Status +.93

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  9. #5

    Default Re: Janet Yellen

    Higher interest rates would be good for the country, Treasury Secretary Yellen says

    The former Federal Reserve chair said the president’s plans would total about $400 billion each year — a level of spending she argued was not enough to create an inflation over-run.

    “If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view,” Yellen told Bloomberg.
    https://www.cnbc.com/2021/06/06/high...len-says-.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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  11. #6

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    Default Re: Janet Yellen

    Might help with the G fund too.


    Sent from my iPhone using TSP Talk Forums

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  13. #7

    Default Re: Janet Yellen

    U.S. faces a recession if Congress doesn’t address the debt limit within 2 weeks, Yellen says

    https://www.cnbc.com/2021/10/05/debt...oesnt-act.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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