The Attack of the Yellen, A Credit Contraction & Investor Psychology

The Attack of the Yellen and a Credit Contraction The Money Wise guys kick off this week’s show with a review of last week’s numbers from Wall Street before diving into Fed comments, a credit contraction, and more. The Dow was up 1.2%, the S&P 500 was up 1.4%, and the NASDAQ was up 1.7%. Year-To-Date, the Dow is down 2.7%, but the other two major indices are in the black, with the S&P 500 up 3.4% and the NASDAQ up 13%. The guys jump right into some spicy political commentary and explain why they consider last week a […]