According to WebMD, whiplash is caused by “an abrupt backward and/or forward jerking motion of the head” resulting in symptoms including neck pain, headaches, dizziness, and irritability. After yesterday’s big reversal in global equity, bond, and currency markets many traders are showing these symptoms this morning.
The Federal Reserve’s balance sheet is poised to exceed $4 trillion, prompting warnings its record easing is inflating asset-price bubbles and drawing renewed lawmaker scrutiny just as Janet Yellen prepares to take charge.
Natural gas broke out above $4.00 in decisive fashion as the trade seemed to embrace the fact that Goldman Sachs has upped their natural gas forecast and catching up with the bottom that I called in January.
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.