Stocks are at an inflection point. After a bruising end to 2018, the major indices caught fire at the turn of the New Year as the world’s central banking cartel leapt into action. Here is how the U.S. Federal Reserve reacted:
The central banks have more than demonstrated that they are now subservient to the markets. Losses will not be tolerated.
You can access this week’s entire extensive commentary HERE
Lorimer Wilson from MunKNEE.com summarizes former Federal Reserve Chairman Ben Bernanke’s 2016 article about Pros & Cons of negative interest rates. [more]
Dye & Durham, a Canadian LegalTech company that recently launched an IPO, announced the acquisition of DoProcess for $530M. Shortly after, Dye & Durham announced another acquisition with a majority stake investment in Courthouse Solutions. [more]
Facebook officially unveiled their white paper for Libra, a new global cryptocurrency. [more]
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