Stockmarket Matchup: Yellen Vs. Putin - Aug. 24, 2014

"The Fed is absolutely committed to not doing something stupid," said Brad McMillan, chief investment officer for the Commonwealth Financial Network. "The last thing they want to do is send the economy back into the great recession." U.S. investors seem to be keeping the faith in Yellen, for now. Despite a pullback earlier this month, stocks roared back last week, with the S&P 500 hitting a record high on Thursday , and the Dow trading back above the 17,000 threshold. - Sports Handicapping - Best Sports Picks - Sports Advice - FIFA Brazil 2014 Tips | - Sports Handicapping - Best Sports Picks - Sports Advice - FIFA Brazil 2014 Tips

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Stock market matchup: Yellen vs. Putin - Aug. 24, 2014

Putin By Jesse Solomon @JesseSolomonCNN August 24, 2014: 8:45 AM ET Investors are caught in the middle of Yellen and Putin. NEW YORK (CNNMoney) One is a soft spoken economic policy wonk, the other an ex-KGB operative who poses for photos shirtless on horseback. Despite their differences, Federal Reserve chief Janet Yellen and Russian President Vladimir Putin are having big impacts on the stock market these days. They're not technically in direct competition with each other, but Yellen's speeches and actions tend to move the market up -- or at least keep it steady -- while Putin's moves in Ukraine often spook investors. Yellen staying the course: In one corner, there's Yellen, who keeps stressing that the U.S.

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