SUNDAY 12/21/14; Winter Arrives; Cyber Vandalism

The deaths from Ebola continue rising. There are 7400 dead from the virus with a jump of 400 deaths in Sierra Leone over the last couple weeks. Developed nations provide limited help to West Africa since the deadly virus has not yet spread to Europe or the United States.

The Boko Haram Islamist nutcases murder over 50 elderly people in Nigeria that were too old to flee. Boko Haram declares an Islamist caliphate across Nigeria encouraged by the ISIS success with the caliphate in Syria and Iraq. Nigeria’s economy is completely dependent on oil even more so than Russia’s economy. The low oil prices throw Nigeria into complete chaos. Muslims need to speak up against the senseless violence ongoing around the world by Islamist nutcases otherwise all Muslims will be painted with the same brush. By the Muslim community not speaking up against the terrorism, non-Muslims assume they all condone it.

US troops are fighting ISIS radicals west of Baghdad in Anbar province. 










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 the US joyousness in the back half of last week. Australia, Japan and Korea open higher. US futures are flat. Oil stocks are catching a bid lifting the broad market. Inpex +3.5%. In Australia, Santos gains +5%. WTIC oil 57.31. Brent oil 61.51. Natty gas 3.32.

The dollar/yen is 119.35. the euro is 1.2230 printing a low last week at 1.220 the lowest since August 2012. Pound 1.5629. Aussie dollar 0.8146. Gold 1195. Silver 16.09. Copper 2.89.

US Treasury yields are; 2-year 0.64%, 5-year 1.65%, 10-year 2.16%, 30-year 2.76%. +64.