Required Reading

Required Reading

Deutsche Bank considering changes to U.S. strategy: sources Fed’s Yellen says ‘high-pressure’ policy may be only way back from crisis India and Russia sign energy, defense deals worth billions Volkswagen to step up savings in wake of emissions scandal: report Suicide bombing, shootouts kill around 55 in Iraq: police Merkel says should consider protected zones…

The Closing Look
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The Closing Look

Stocks opened higher but closed mixed on Friday after JPMorgan Chase (JPM), Wells Fargo (WFC) and Citigroup (C) all reported stronger-than-expected quarterly results. Sellers showed up shortly after the open and the market spent the rest of the day drifting lower. Janet Yellen gave a speech and said easy money is prudent whenever the economy gets…