Yellen violin meme
  • The spinsters are working hard today after the GDP miss
  • US economy has entered a new phase, focused on steady, stable growth
  • US economy now at full employment
  • The US economy is under severe impact from fiscal spending cuts
  • There are some signs that inflation is likely to come down in the days ahead
  • hard to know what the timeframe is for supply chain pressures to ease
  • Economy transitioning to more-sustainable growth

The S&P 500 is up 1% to a session high. Have a look at Wal-Mart, which has nearly closed the earning gap.

WMT stock