The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Members of Generation Y see the value of getting into the market as early as they can, experts say.
Members of Generation Y see the value of getting into the market as early as they can, experts say.
(Fred Lum//The Globe and Mail)

Who's most likely to end Canada's housing boom? Janet Yellen

In a sign of things to come, a seemingly innocuous sentence fragment from new Fed chair Janet Yellen, “six months, something like that,” caused a mammoth flinch throughout global asset markets. Gold and U.S. bond prices plummeted almost before she had finished the sentence, and the S&P 500 shed almost 1 per cent in five minutes.