What the Fed is and is not concerned about because this is where the money is.

Hi Fools, financial analyst Michael Douglas here with our senior baking specialist John

Maxfield all the way in from Portland Oregon John how are you doing? I'm doing

great it's great to have you back Michael. So for listeners and viewers, I just got back from Disney World.

I've been water loading to try and flush all of the salt out of my system from those

delicious pretzels.

Anyway, so John's actually about to go on vacation,

Italy, right?

That is true.

My first vacation since my wife and I had kids, so we're really looking forward to it.

Absolutely and what a vacation to kick it off with.

All right so let's keep we're going to keep this quick and breezy.

Definitely want to want to send you off on vacation in a good way. So let's talk headlines.

The first one is from our friends over at Bloomberg News. Yellen aims to mimic Greenspan

on jobs, avoid bubble miss file. The below the so-called natural rate which is basically the lowest rate of

unemployment at which inflation remains stable. Now at present the

unemployment rate is about 6.1 percent. The natural rate of unemployment is

estimated right around 5.2%.

So in doing so, they'd be, if they push it below that 5.2%, they'd be following in

kind of Alan Greenspan's footsteps.

He once pushed unemployment down to 3.8%

following the bursting the tech bubble in 2000.

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