Weekend Yellen comments - US stocks, RE ... high but not too high

Sounds like Yellen is looking for a new gig in a marijuana company or something

  • said U.S. stocks and commercial real estate prices ... ."Well, I don't want to say too high. But I do want to say high"

Yellen on CBS's "Sunday Morning" in an interview recorded Friday

More:

  • "Price-earnings ratios are near the high end of their historical ranges."Commercial real estate prices are now "quite high relative to rents," Yellen said. "Now, is that a bubble or is it too high?
  • And there it's very hard to tell. But it is a source of some concern that asset valuations are so high."

via Bloomberg

Yellen is on her way out from Chairing the Federal Reserve

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