While there are a huge stack of bearish fundamentals in the US and across Europe, today once again we are reminded of the delicate situation that is everyday life across the Middle East and Northern Africa. I have written many times that the Egyptian revolution has only started, Mubarak was a scapegoat and was gong to be disposed by the ruling elite of the country, the military. Today we are once again reminded of tensions in the Middle East that have the capability to completely shift the balance of power not only in the MENA region, but across the entire world.
This from ABC News on the attack of the French and US embassies in Syria as Assad's grip on power slips more and more each week.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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