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Yellen’s March Madness
03-19-2016, 03:36 AM,
Yellen’s March Madness
Yellen’s March Madness

That was....surreal. It kind of says everything you need to know about yesterday's statement and SEP that the first question Yellen answered yesterday was "does the Fed have a credibility problem?" Her incoherent reply to that query, as well as further attempts to defend the indefensible, represented one of the worst performances that Macro Man can recall seeing since Brazil's implosion in that World Cup semifinal a couple of years ago. In that vein, let's look at some "highlights" of the press conference through the prism of football chants:

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