So all we needed was Janet Yellen to tell us that we’re going to be much better in two years. The central bankers say that they don’t see a comparison with Japan, we’re more proactive, etc. We’ll take a look at more of the things that she said to the Economic Club of New York.
Also I’ll get into the “math” of things rather than just “drinking of the Kool-Aid”; specifically related to comments made by the Chief Financial Economist at the Bank of Tokyo, Chris Rupkey.
All that and more on today’s show.