by Bradley J. Steiner The difference between that which one once had to prepare to be ready to defend oneself against in urban America and that which one now must prepare to defend oneself against is considerable. I am old enough to remember when fights – even those started by troublemakers and bullies – were...
Tag: Mar 2 2021
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THE FED’S SILENT WAR TO GAIN MORE CONTROL
By Gregory Mannarino, TradersChoice.net Over the past week, we witnessed a phenomenon play out that I had forecast: a rapidly-rising bond yield environment putting pressure on the stock market. Last Thursday and Friday, collectively, the Dow lost nearly 1,000 points as the 10-year yield, which is the benchmark, spiked. Generally, when cash leaves the bond...
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U.S. MARKETS OVERVIEW
The COVID War. It’s a gambler’s dream. On the “upbeat” news that in 2020, the U.K. registered its worst economic contraction in 300 years, last week the British pound climbed to its highest level since 2018. Today, Statistics Canada reported that the Canadian dollar shrank 5.4 percent in 2020, posting its steepest annual decline since...