Clarity and ‘Fed Speak’
“If I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.”
— Alan Greenspan
The former chair of the Federal Reserve and the concept “clarity” don’t usually go hand in hand, but here Alan Greenspan flips the script on us, implying that his infamously cryptic “Fed speak” was all part of the plan. Remember this the next time you try to decipher the current version of Fed speak.
Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Weekly ETF Report readers, send it to me, along with any comments, questions and suggestions you have about my audio podcast, newsletters, seminars or anything else. Ask Doug.
In case you missed it, I encourage you to read my e-letter column from last week on Eagle Daily Investor about how key sector ETFs performed in Q2 2015. I also invite you to comment in the space provided below my Eagle Daily Investor commentary.
Have a great weekend,
Doug Fabian
Upcoming Appearance
I will be attending the San Francisco MoneyShow, July 16-18, at the Marriott Marquis. To register, click here. Mention priority code 038970.
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
