Not much in the markets to draw our attention. Other than another pronouncement by the Fed that it will remain ‘highly accommodative’ for the so-called ‘foreseeable future’.
Then whither our thoughts? How about to the end of the world as we know it? This from The Wall Street Journal:
‘That HSBC group chief economist Stephen King shares a name with a famous writer of scary stories is a coincidence that he may tire of hearing.
‘But it’s fair to say that with his latest book, When the Money Runs Out: The End of Western Affluence, he is dabbling in the financial equivalent of the horror genre. Perhaps even scarier, his is the stuff of nonfiction.