Flip-flopping Fed President Jim Bullard has done it again. Having helped spark the recent ramp in mid-Feb with his uber-dovish comments that “tightening was unwise,” he now expresses his hawkish opinion – with stocks back nearer record highs – that it would be “prudent policy to edge rates toward normal levels.” Is that a “sell’?
Markets don’t care for now – whatever he says, it’s a buy!
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