When interest rates turn south, the stock market turns north. But there are points in history when absolutely nothing goes the way it should, the markets react wildly, and the cracks turn into chasms. We are at the precipice, so hang on tight.
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Bank of Cyprus posts big loss on bad debt provisions
https://www.enca.com/money/bank-of-cyprus-posts-big-loss-on-bad-debt-provisions
Denmark Targets Deep Cuts to Reduce World’s Biggest Tax Burden - Bloomberg
https://www.bloomberg.com/news/articles/2017-08-29/denmark-targets-deep-cuts-to-reduce-world-s-biggest-tax-burden
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Do you think the Fed will continue to INCREASE rates? Or will they engage in NEGATIVE rates at some point in the future?
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when rates go negative you will see a massive financial wakeup of the sheep. maybe.
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I wish they would but I'm not holding my breath.
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