Janet Yellen warns against long term economic projections, reiterating the Fed's optimistic view of a slow but steady improvement of the Nation's economy, despite less than promising reports on the rate of unemployment.
(San Diego, CA 11 February 2014)– During her first public remarks as the new chairwoman of the Federal Reserve, Janet L. Yellen, told Congress Tuesday the central bank continued to see the economy in optimistic terms, and that it would steadfastly maintain its determination to move back slowly from its stimulus campaign.
Stating that she was “surprised” by the federal assessment of less than stellar job growth during the last two months, she warned against “jumping to conclusions” about the economy when looking down the road and gaging trends.
Since the financial crises of 2008, the economy continues to struggle with high unemployment rates and lukewarm growth. Nevertheless, Yellen echoed the Fed's optimistic view.
Citing increased spending by consumers, she said, “The economic recovery gained greater traction in the second half of last year” and stated that the Fed remained positive “that economic activity and unemployment will expand at a moderate pace this year and next.”
Kent Clothier, whose motto is “The time is now” says that, regardless of the Fed's projected “pace” of economic growth, this is a better time than ever for the entrepreneurial-minded to take matters into their own hands, and turn things around for themselves.
Whether forced by unemployment or simply seeking new horizons, people are seeking ways to change their lives and real estate investment is an opportunity to earn real income and real security.
Over the last 5 years, despite the economic meltdown, Clothier and his family have quietly built a real estate empire. Having bought and sold over 2000 properties, Clothier has made a huge name for himself in the real estate investment community.
With a proven track record of success in real estate investment, a best selling book under his belt, and a reputation for sharp intuition when it comes to meeting market demands, Clothier has made a fortune in real estate investment, and has taught hundreds of others how to do the same.
Clothier's cutting edge real estate investment systems, state of the art training, and mentoring programs are available to anyone who is ready to make a change in their career and their lives.
Of the economy and real estate investment, clothier says, “there has never been a better time than now to start investing in real estate. For anyone who is tired of the daily grind or just making ends meet, real estate investment is a real opportunity to start living the life they've been dreaming about.”
Those who wish to learn more about beginning a career in real estate investment can visit Clothier's site at kentclothier.com
About Kent Clothier
Kent Clothier is President and CEO of Real Estate World Wide (REWW), a multi-faceted real estate education company with headquarters in Scottsdale, Arizona; San Diego, California, and Boca Raton, Florida.
2505 NW Boca Raton Blvd.
Boca Raton, Florida 33431
Name: Lynette Garet
Organization: Kent Clothier
Release ID: 33247