Maybe Tim Cook needs to come down from his Cloud
You would think he would be a global market CEO, but Tim Cook of Apple apparently is more a techie based on his fretting about the value of the dollar yesterday. A little tip here, he hasn’t seen anything yet on that subject.
In my view the FED could go up to 2.5 % before any real effect on the economy would appear.
What we are seeing in the markets now is the first pin in the artificial economy bubble that Bernanke started in 2012.
If Yellen doesn’t stay the course the FED started in December, she stands a good chance of being fired after the elections. Truman fired his FED chairman after he was elected.