FEB14 gold’s rally yesterday was extremely short-lived, as it is right back down to $1,219 this morning, down $28! We would not be surprised, as we have been saying, to see gold break below $1,200.
A revival in M&A activity has been much anticipated and discussed almost since the start of the global financial crisis five years ago. With few exceptions, boosts in deal making have proven unsustainable.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Three Wall Street trade groups say the CFTC's policy governing overseas trades is lacking in several areas.