The October ebook publication of the Daily Chronology of Global Markets and World Economics 2014-10 is available through Amazon. October was a crazy month with events occurring from all directions. The stock market topped out in September and was selling off into the middle of the month when Fed's Bullard stepped in with the promise of future quantitative easing that created the bottom. The world's central bankers are colluding to keep the stock markets elevated. Coordinated and spaced stimulus announcements from the BOE, PBOC, BOJ and ECB take place over the last month creating steady bull fuel and new all-time highs.
During October, the US dollar goes parabolic creating a collapse in oil prices and other commodities. The dollar/yen explodes higher. Ebola fears are ongoing. There is continued turmoil in Ukraine. The Russian Ruble collapse is another story. Global deflation is developing. The German Bund prints a record low 0.756% yield. The Fed ends QE. European bank stress test results are reported. The Dow and SPX actually print negative for the year during October but it was fast and if you blinked you missed it.
The current market action is epic and historic. Years from now you will look back and realize the importance of the 2013-2015 period. The Daily Chronology of Global Markets and World Economics 2014-10 explains the above items and their impacts on global markets. We live in truly remarkable times. A link to 2014-10 is provided in the left margin.
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