Thursday, June 19, 2014

News - Daily Summary

World: Not much in the way of new major developments today. Ukraine is a mess. Iraq is a mess. Syria is a mess. Egypt is a mess. Libya is a mess. Venezuela is a mess. Argentina is a mess. Tensions are still high across the South China sea. So besides the usual crimes and tragedies, it was a calm day across the globe.

U.S.: Stocks rallied on news from the FED that interest rates will not be increased any time soon. Gold was higher and oil was steady. Besides the usual crimes, tragedies, and trivialities, there were no new major developments in the U.S. today.

It was clearly another day in the calm before the coming economic storm.

What do you think?