The stock market has surged sharply higher since the fiscal cliff vote in the United States in early January. The bulls have run wild at the start of the new year. Many talking heads in the financial media have now started to say that money is coming into stocks instead of the usual mutual fund outflows that have been occurring since 2008. Often, when the public starts to get excited [...]
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French Bond event suggests massive recession and DEFLATION coming up!! July 9th: FRANCE SELLS BONDS AT NEGATIVE INTEREST RATE France sells 3+6 month bills at negative yield for 1st time: 3-month yield -0.005% vs 0.048% on July 2, 6-month yield at -0.006% vs 0.096% PARIS (AP) — France’s government has sold short-term bonds at negative interest rates for the first time, a sign of investor confidence despite concerns about French debts and the [...] |
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