from KingWorldNews:
Coming Mega-Chaos To Dwarf The Terror Of 2008 Collapse
The entire global economy now clings precariously to one crucial phenomenon — how much longer can the central banks of the developed world artificially suppress interest rates at near zero percent?
The violently-negative market reaction to Janet Yellen’s comments during her first press conference was a clear indication of how vulnerable the stock market is to the eventual reality of rising interest rates. All Ms. Yellen did was remind investors that the Fed Funds Rate would have to be moved up from zero percent—probably beginning in the middle of next year. That was enough to send the major averages cascading downward faster than you could say the words “flash trading.”….
Michael Pento Continues @ KingWorldNews.com
Read more about Coming Mega-Chaos To Dwarf The Terror Of 2008 Collapse
No comments:
Post a Comment