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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