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The U.S. Comex gold futures shot up 2.72% this week to $1,225.30 on Thursday as the market has realized that the Fed will not raise interest rates any time soon. The Dollar Index dropped 1.35% in the same period to finish at 85.522 on Thursday after touching a recent high of 86.746 on 3 October. The S&P 500 Index and the Euro Stoxx 50 Index are down 1.98% and 2.90% this week with the VIX (the fear index) surging from 14.55% at the end of last week to 18.76% on Thursday. The crude oil futures ended at $85.77 on Thursday, dropping more than 20% from the peak in June. The U.S. ten-year government bond yield ended at 2.314% on Thursday, falling 12bp this week.
Find the Fed Confusing? The gold market had a huge rally on Thursday after the September FOMC minutes have revealed that the Fed is far from raising interest rates as inflation has been too low and the U.S. growth may be hurt by the foreign economic slowdown and the strong dollar ...
we Americans hate to lose in anything. We consider ourselves to be the hardest working, most productive, greatest nation on earth. And yet, sadly, the facts do not weigh in our favor. A new survey of more than 1 million anonymized sales activities (emails, calls and meetings) logged into a CRM (Customer Relationship Management) software maker's sales platform by the sales teams at more than 10,000 small businesses around the world found that French small business owners are more productive than their American counterparts (especially those, like me, on the East Coast) in the afternoon.
HOLIDAY STRESS? I know there are many comfort foods that come to mind but these 10 are suggested to keep your innner grinch at bay ~ Of course now, I take EMPowerplus 96 and I feel like I'm in Whoville! www.hope4mylife.com
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