Yellen proving she is as dovish as Bernanke (and a 200 pip rally in USDJPY) has supported the S&P 500 to its best 4-day swing since January 2013 (+4.4%)… make sense? Interestingly, emerging market FX has worsened notably in the last 3 days.
EM FX remains a problem…
But don’t worry about that – BTFD!
via Zero Hedge http://ift.tt/1bSo7HU Tyler Durden