If this doesn’t deliver us to Dow 20,000 burger, nothing will.
What’s not to like over soaring sovereign bonds yields for some of the most indebted nations the world has ever known? Brace yourselves, inflation is coming.
Did you ever wonder how sharply higher borrowing costs for an economy with $20 trillion in debt might work out for proposed fiscal stimulus projects? We’ll soon find out!
The euro crapping out v the dollar is a daily occurrence.
And here’s Germany, land of the migrant. Bunds are up an astounding 10bps, a 53% move. Bankrupt Italy surging ahead too, all boolish news, apparently.
Lastly, here a small reminder of debt/GDP ratios. Economics. It used to matter.
Dow 20,000 here we come.
If you enjoy the content at iBankCoin, please follow us on Twitter
Russia’s looking healthy
Ya, but we got the “Big Board”
Fly and IBankCoin followers…what is your opinion on Edward Snowden? Hero or traitor?
Unclear. He did a good thing by letting the public know about government surveillance of us all, that we still would not know about, otherwise. Some people claim that the material he released got some spy or someone killed– but that may not be true. It’s possible that that is just a false excuse to call him a traitor.
He was a whistle blower on wrongdoing by the government security bureaucracy. I can’t say there is anything wrong with doing that.
US Government exceeded constitutional limits but that’s no excuse to break the law, Snowden is a traitor.
That debt to GDP list has a glaring error.. no way is China only at 43.9