Yellen Talk Points to Underlying Economic Improvement
The key takeaway from Fed Chief Yellen's remarks on Wednesday is that the underlying economic environment looks brighter and that will be good for corporate growth.
The key takeaway from Fed Chief Yellen's remarks on Wednesday is that the underlying economic environment looks brighter and that will be good for corporate growth, says Wedbush Securities' Sahak Manuelian. Manuelian says the recent market weakness over the past few weeks means traders were already starting to price in a rate hike in 2015. For investors looking to play the economic improvement thesis, Headwaters (HW) and Humana (HUM) are two of the stocks on Wedbush's recommended list.
