Equity Markets Are ‘Yellen’ From the Roof Tops!!!

Janet Yellen’s commentary yesterday reasserted that the FED would continue their cautious stance towards further rate raises:


Global equity markets took off, bond yields fell, gold strengthened and the dollar sold off. Basically, unless you have US dollars stuffed in your mattress, you had a good day. The rally has yet to abate.

Here’s a two day chart of the NASDAQ 100 futures:
Nasdaq 100