U.S. Federal Reserve Chair Janet Yellen, in the middle of a delicate operation to extract quantitative stimulus from the generally free markets, nonetheless took time out of her busy schedule to send a suitor, Congressman Jeb Hensarling (R-TX), a polite note. Letter to Jeb Hensarling not exactly a love letter, more about him waiting his turn It wasn’t as if Chair Janet Yellen, in sending a June 22 letter to Cong Jeb Hensarling, was sending a love note, exactly. She was addressing a serious internal investigation into a leak at the U.S. Federal Reserve. As previously reported in ValueWalk, Chairman of…
Janet Yellen Sends Cong Jeb Hensarling Love Letter
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.