Yellen: Aktier er ret højt værdisat

and here she is explaining that “Credit spreads are too low… equity valuations are quite high… there are potential dangers there”

Which is odd, because credit spreads have widened for over a year as her wealth-creating stock market has exploded ever higher…

Of course there is no need to worry… for 4 minutes after she uttered those words, someone decided to start selling vol in size…