Yellen’s out-of-bounds comments irk Wall Street

Ken Wisnefski speaks to the New York Post’s Richard Morgan about Janet Yellin’s comment that social media stocks may be over valued.

“A lot of people can’t accept that a concept can be so highly valued,” he said in reference to the so-called concept stocks that often pop up in biotech and social media. “And this includes traditionally trained economists, because it’s not a model they learned in graduate school.” – Ken Wisnefski

READ THE FULL ARTICLE HERE

Related posts: