Latest News From The World
It is well known that the Federal Reserve in its three rounds of QE (and especially the first two) aggressively bought Treasury Notes and Bonds or collectively the ‘Long Bond’ of 10 Years and longer. But there has been relatively little discussion of what that means for such things as … Read entire story.
Source: Angry Bear
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In the past two weeks, stocks have struggled to break through resistance and extend the holiday rally. I wrote about it in the post Stock Indexes Rejected At Resistance Signal Another Correction. But what is a more bearish sign is seeing commodity prices starting to fall. There are a couple of reasons this is a […]
Washington (AFP) – US-led air strikes on a Syrian border town killed “several hundred” Islamic State fighters but it may still fall, officials warned Wednesday, acknowledging significant jihadist gains in Iraq and Syria.While Iraqi troops prevented the jihadists from seizing a lynchpin provincial capital near Baghdad, a senior US …