Sun, 10 May 2015
Today's FEATURE topic concerns the recent shock wave in the Global Bond markets caused by the sudden increase in interest rates in the European markets. Normally interest rates may vary 2 or 3 basis points in a day but the sudden increase in German Bunds created a lack of liquidity in not only the Eurozone but the US also. What happens in the bond markets is a key barometer for the future economy. Other topics include: The UK election, the Court decision on NSA, the Exodus from America, the Illinois Pension Blowup, Bonnie & Clyde, Water Wars & Market Watch.