May 7, 2015

Chair Yellen: High Stock Valuation

Janet Yellen on Stock Market

After Federal Reserve Chair Janet Yellen said in a conversation with International Monetary Fund (IMF) managing director, Christine Lagarde, that “…equity market valuations at this point generally are quite high", PSEi opens in deep low by -1.36% to 7,766.53, today.

The news report was published this morning, May, 7 - 3:38 AM Philippines standard time.

1 comment:

  1. A simple statement that caused panic.. eventually stock price will bounce back.

    ReplyDelete

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