Two gigantic weeks are coming up. Up to bat first is Washington and Fed Chair Janet Yellen. The Fed knows it’s an absolute absurdity to raise rates in an economy that just created 38,000 jobs. But do you want to tell me they have their collective heads in the sand about an economy barely staying above water at 0.8% GDP?
Markets were already in trouble before Friday and the bombings in Paris certainly shouldn’t help. In early Sunday evening trade, Australia was down over 1% while tech and Europe nearly 1% but all were paring losses. It could’ve been a lot worse.