Salient to Investors:

Richard Fisher at FRB of Dallas said:

  • The US economy is improving, employment is picking up and the housing market has turned.
  • US companies are lean and mean and ready to go with stronger balance sheets.
  • We have artificially suppressed rates, and this cannot go on forever.

65 percent of economists expects tapering in September.

Read the full article at  http://www.bloomberg.com/news/2013-08-16/fed-s-fisher-says-bond-yields-rising-as-investors-see-qe-waning.html

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