Need to Know: Buy these stocks and pity the fools fighting the Fed

It’s finally Janet Yellen day. If you’ve been getting in a tizzy about scarily quiet markets, she just might put you out of your misery.

Her big speech is the only thing traders have been talking about in recent weeks — maybe to lull themselves into thinking the dreadful August calm is nothing but caution ahead of the Jackson Hole powwow.

But the hype is probably overdone. As Neil Wilson from ETX Capital puts it: “Markets are incredibly quiet this August (in sharp contrast to last year), so investors are latching on to anything they can, which gives this meeting a lot more attention than it probably deserves.

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