FYI: Stocks and bonds rose in tandem on Tuesday as Federal Reserve Chairwoman Janet Yellen at once laid the groundwork for an interest rate hike later this year and assuaged markets in saying it’s not likely to come in the next two meetings. In Greece, European creditors signed off on Athens’ reform proposal. Home Depot (HD) and Toll Brothers (TOL) both reported strong earnings, boosting shares of builders. In short order, most of the known market hurdles out there seem to have faded save for loftier and loftier valuations.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/02/24/etf-market-vital-signs-feb-24-how-high/tab/print/
