Friday, 19 February 2021

Bond Anxiety. A G-7 Meeting. Texas Meet Italy.

Baltic Dry Index. 1756 +261 Brent Crude 63.26

Spot Gold 1774

Coronavirus Cases 02/04/20 World 1,000,000

Deaths 53,100 

Coronavirus Cases 19/02/21 World 110,840,990

Deaths 2,452,623

We haven't got a plan so nothing can go wrong!

The Fed, with apologies to Spike Milligan

In the casinos, yet more worry about the return of inflation. Everyone is now watching what is happening in bonds.

In reality, not much is happening in bonds, but the central banksters have pursued ZIRP and NIRP interest rates for so long, that any interest rate movement higher generates anxiety among the punters that the banksters are about to double cross stocks.

Inflation will return one day and the consequences for stocks and the fiat currencies will be dire, but not today.

Asian stocks step back from record highs on rising bond yields, weak U.S. data

February 18, 2021

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