Wednesday, 9 December 2015

That WOULD be an interesting phone conversation.....................from Rico

The BIS (Bank of International Settlements, the Bank of Banks) in their 06 Dec 2015 Quarterly Report warned of an 'uneasy calm' in markets before a possible debt storm, citing...in part...weaker economic outlook and increased sensitivity to US interest rates.
 
Would that be the Janet Yellen who sits on the board of the BIS, warning the Janet Yellen who is the FED chief who might raise interest rates?
 
That WOULD be an interesting phone conversation.
- No Such Agency had better get right on this one.................

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