by Daily Bell Staff
The Daily Bell
3 Signs of a Recession Janet Yellen Is Ignoring … The Fed Chair’s upbeat speech glossed over key warning signs. Federal Reserve Chair Janet Yellen was upbeat on Monday in a speech at The World Affairs Council, where she largely dismissed the negative implications of Friday’s jobs report, which showed that the U.S. economy added just 38,000 new jobs, the worst monthly reading in nearly six years. – Fortune
We wrote an article some time after Yellen’s appointment as Federal Reserve Chairman that suggested she’d been elevated to her current position in order to take the blame for the coming worldwide economic implosion.
We see no reason to change our mind.
Increasingly, the signs of disaster become clearer. And Yellen, meanwhile, looks like she doesn’t know what she’s talking about.
(Not that she ever did.)