U.S. Markets closed

Janet Yellen's Fed will have a very tough time in September: NYSE trader

Wednesday, the Fed gave some specifics on how and perhaps when it will start reducing its balance sheet. Janet Yellen said they could start relatively soon, leading some to believe it will be as early as September. Alan Valdes, director of floor operations for Silverbear, joins Alexis Christoforous from the floor of the New York Stock Exchange to discuss.