Sun, 14 December 2014
Our feature today is the precipitous decline in oil prices worldwide and how it could impact the bond market. The 46% decline in price forecasts the prospect of DEFLATION and correlates with a rally in the bond market. A sudden and unexpected reversal in interest rates however, could trigger a bond market crash that David Stockman calls a "Monster Storm". Other topics include: US banks are encouraging clients to remove large deposits from the banks, Fannie Mae and Freddie Mac have posted new liberal underwriting requirements, the President's desire to have the internet regulated as a public utility and his confrontation with the military re Muslims.
Direct download: TMB-14-12-14-oil-panic-thickens-could-burst-the-bond-bubble.mp3
Category:News & Politics -- posted at: 5:58pm PDT