YELLEN SUFFERES NERVOUS BREAKDOWN - Federal Reserve Janet Yellen Going Into Meltdown During Speech

 
Janet Yellen Falters During Speech, Receives Medical Attention, All-Clear Given

For those watching Janet Yellen’s speech this evening, the fact that she seemed to struggle towards the end of her speech was a surprise. Now we know why… FED’S YELLEN GETTING MEDICAL ATTENTION AFTER SPEECH -REUTERS

It is hardly surprising given that she now carries the weight of the world’s economic and market strength on her shoulders.

As MarketWatch’s Greg Robb noted, Yellen faltered at end of her speech. Last page was agonizing. I don’t think she felt well but she seemed better when she left the stage.

Federal Reserve Chair Janet Yellen is resuming her planned schedule after feeling unwell toward the end of a speech she was giving Thursday at the University of Massachusetts at Amherst, Fed spokeswoman Michelle Smith said in an e-mailed statement.

“Chair Yellen felt dehydrated at the end of a long speech under bright lights,” Smith wrote. “As a precaution, she was seen by EMT staff on-site at U-Mass Amherst. She felt fine afterward and has continued with her schedule Thursday evening.” But as you can see below, she really did not look well at all…

House Speaker John Boehner cried during Pope Francis's visit to Congress Thursday morning, living up to his reputation for getting teary-eyed.

Boehner, a Catholic who has been asking pontiffs to visit for the last two decades, wept after shaking hands with the Pope in a private meeting captured on live television at 9:20 a.m. Global stocks climbed Friday after Federal Reserve Chairwoman Janet Yellen reassured investors that the U.S. economy is strong enough to support an interest-rate increase.

In a speech on Thursday at the University of Massachusetts in Amherst, Ms. Yellen laid out a detailed case for raising interest rates later this year.

The Dow Jones Industrial Average climbed 160 points, or 1%, to 16361 points in early trade. The S&P was up 0.8% and the Nasdaq rose 1%.

The gains came after a reading on second-quarter economic growth was revised higher. Gross domestic product grew at a 3.9% annual rate in the second quarter, the Commerce Department said Friday. The agency had previously estimated a 3.7% expansion.

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