Stock and bonds both love Janet! Markets were up following Yellen’s confirmation hearing. However, Treasuries declined over night, after a two day gain. This move is before reports economists predict will show manufacturing grew at a faster pace than last month. Industrial production also expanded for the second month in a row, showing the economy is gaining momentum. This could add to market volatility today. Hopefully, we can head into the weekend holding onto the gains we made this week.
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