The concern is that the Federal Reserve may consider "tapering" its bond buying program at its Dec. 17-18 policy meeting. We do not feel the U.S. Federal Reserve would use one "questionable" report to modify its current stimulus program.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
The yen weakened versus the majority of its major peers as investors sought higher-yielding assets amid an advance in global stocks.
Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance.