A dovish St. Louis Fed President Bullard speaking in Louisville said the yield curve is in more normal state which could be bullish for the economy in 2020. Risks remain but Fed cuts this year may prompy growth
Equity Valuations May Be Stretched says Fed’s Bullard
St Louis Fed President Bullard playing the role of captain obvious today. He quipped that I am probably the most dovish member of the FOMC and offered equity valuations may be stretched among other gems.