YELLEN YELLEN YELLEN

Just when I was writing about how some CEO/Chairman had balls in my last post, Janet Yellen decided to do the opposite last night.

Cautious optimism is how the financial Twitterverse is terming it.

Here's how I am seeing it, rate hikes would be gradual. Very gradual. Stocks will still push upwards ala 2003 - 2007. Countries are taking turns to ease. Kick the can further down the road. 

How would you trade this tape?