Good Morning. Interesting. Stocks go nowhere, the first year a new Chairman takes the helm. Compared to gold, that is…
http://www.businessinsider.com/sp-priced-in-gold-under-new-fed-chairs-2013-12
Taper! The markets wants it!!
http://www.zerohedge.com/news/2013-12-18/bonds-shrug-taper-smashes-stocks-record-highs
http://www.bespokeinvest.com/thinkbig/2013/12/18/a-taper-to-new-highs.html
http://www.federalreserve.gov/mediacenter/files/FOMCpresconf20131218.pdf
Unemployment will decline further, while inflation is expected to stay below 2% until 2016….
http://www.businessinsider.com/fed-cuts-unemployment-forecast-2013-12
“EU-Bankenunion: Ein morsches Konstrukt” Ok, I had to look that up as well…
http://www.spiegel.de/wirtschaft/eu-bankenunion-koennte-gefaehrliche-folgen-haben-a-939960.html
Numerous interesting charts of ‘Wall street’s brightest minds’
http://www.businessinsider.com/most-important-charts-2013-12#david-woo-bofa-merrill-lynch-5
…and even more charts; but these are from the Economist
http://www.economist.com/news/finance-and-economics/21591873-creeping-ascent
Interesting breakdown of federal expenditure on housing, versus debt related cost burden
http://www.businessinsider.com/the-government-is-quietly-giving-way-more-housing-aid-to-rich-people-than-poor-people-2013-12
This might come in handy at one point… Or it may not.
http://qz.com/156030/line-is-betting-millions-that-virtual-bears-and-bunnies-will-sweep-the-west/
If this were an artwork, I would call it The Power of Central Banks…
http://www.zerohedge.com/news/2013-12-18/spanish-bad-loans-jump-new-record-banks-come-clean-over-mortgage-defaults
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