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Read the original: Saxo Bank CIO Jakobsen Predicts Another "Shock Drop" in Markets; Addicted to Cheap Money
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View article: McDonald’s Vows Fresh Thinking After Net Income Declines 30%; Mish Offers Some Advice
US Dollar, Euro, Yen, British Pound Forward Curves "Europe Has Become Japan" Seidner says that if he was washed up on an island and could periodically see one chart to let him know the state of the global economy the above chart would be the one as it shows interest rates, implied path of monetary policy, and the divergence between the US and the rest of the world. " From this perspective of the bond market, Europe has become Japan
More: Turmoil in Hong Kong, Terrorism in Xinjiang: America’s Covert War on China
More: M&A Deals Fail At Highest Rate Since 2008
See the original article here: Eurozone Rotting to the Core; Four Possibilities; Beyond the Math
View original post here: Challenge to Keynesians "Prove Rising Prices Provide an Overall Economic Benefit"
Nonperforming Spanish Loans Near All-Time High as Overall Credit Shrinks Posted by Michael Shedlock at 11:25 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
View the original here: US War on Iran Takes Bizarre Turn