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Janet Yellen Sends Cong Jeb Hensarling Love Letter

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Mark Melin
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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 the House Financial Services Committee,...

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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.