Northern Trust: Take Yellen At Word But Don't Stretch for Yield

Now watching

Next video starts in : 7 Play

Northern Trust: Take Yellen At Word But Don't Stretch for Yield

Northern Trust: Take Yellen At Word But Don't Stretch for Yield
Replay video
Up next

Chinese Regulators Limit Short Selling as it Tries to Prop up Stocks

Unlock your personal NFL Now stream by signing in to NFL.com

Northern Trust: Take Yellen At Word But Don't Stretch for Yield

by TheStreet 3:17 mins

Northern Trust: Take Yellen At Word But Don't Stretch for Yield

by TheStreet 3:17 mins

Take Federal Reserve Chair Janet Yellen at her word and expect low interest rates for quite some time, said Katie Nixon, Chief Investment Officer for Wealth Management at Northern Trust. Nixon said she does not advise stretching too far for yield, or take excessive risk, as a result of the Fed's financial repression. That said, she said investors should have a stock market allocation, especially now that signs of inflation are starting to be seen in the economy. Finally, Nixon said she likes developed Europe more than emerging markets stocks because of the ECB's increasingly dovish monetary policy.

TheStreet

Market Movers

  1. 2:29

    Sears profit; Tyson's beef problem; Goldman's legal costs

  2. 2:40

    Jobs, Greece, China on Wall Street's watch list

  3. 15:02

    Greek market plunge; Obama's new emission rules; Uber's whopping valuation

  4. 1:47

    AT&T to offer wireless and TV bundles

  5. 3:28

    Obama to unveil new emission rules

  6. 2:29

    Uber valued at $51B: Reports

Personal Finance

  1. 4:18

    1/5 of Millennials financially support their parents, says new survey

  2. 1:14

    Money Minute: 5 things every college freshman should know about money

  3. 1:11

    Money Minute: Credit card perks you never knew about

  4. 2:02

    These jobs may sound cool, but they don't pay well

  5. 2:39

    The 5 jobs with the worst gender wage gap

  6. 1:15

    Money Minute: What happens when you take out a 401(k) loan?

Market Movers

  1. 2:29

    Sears profit; Tyson's beef problem; Goldman's legal costs

  2. 2:40

    Jobs, Greece, China on Wall Street's watch list

  3. 15:02

    Greek market plunge; Obama's new emission rules; Uber's whopping valuation

  4. 1:47

    AT&T to offer wireless and TV bundles

  5. 3:28

    Obama to unveil new emission rules

  6. 2:29

    Uber valued at $51B: Reports