Some light reading for Monday:
Calculated Risk - Yellen's speech. Too bad absolutely nobody in the market will read it because they all think they're so much smarter than the Chairman of the Federal Reserve.
New Deal Demoncrat - weekly indicators. He's now incorporated the Billion Prices Project. His summary:
At the beginning of this year, I forecast positive growth for the year, subject to the corporate profits report for the 4th quarter of 2014. The decline in corporate profits means I cannot rule out the economy rolling over in the final quarter of this year, although the positivity of the other long leading indicators in the 4th quarter of 2014 make that unlikely. Still, as the housing improvement from late last year and the decline in gas prices feed through into the economy this year, I still am positive on the next 6 months.Whatever happened to Joey the Weasel, btw? You know, the guy who would take one isolated indicator and turn it into doomporn despite all the other indicators disagreeing?
Mining.com - Fed minutes turned the tide. Linked to only cos his data confirms that whitey was short gold heading into the Fed. Which certainly was a stupid plan.
Slate - did the Illuminati force Zayn Malik out of One Direction? Was it because he felt something so wrong, doing the right thing? But everything that kills him makes him feel alive! Baby, I've been - I've been losing sleep!