Monday, October 6, 2014


Econ Comments & Analysis                                                                                            
Forbes | Janet Yellen And The Wizard Of Oz: Time To Stop The Farce
Federal Reserve Chair Janet Yellen reminds me of the Wizard of Oz. Like Ben Bernanke and her other predecessors, she puts on a great show working the levers that create an image of superior wisdom and power, but when you pull aside the curtain, she’s simply just another fallible human being whose abilities are less than awe-inspiring.
Market Watch | Fed's new labor market conditions index edges higher in September
The Federal Reserve's new labor-market conditions index rose to a reading of 2.5 in September, from 2 in August.