SUNDAY 8/28/16

Typhoon Lionrock continues gathering strength and should hit northern Japan in 






[Text is Redacted: Purchase August 2016-08 to Read the Complete Chronology]

10-year yields are; Portugal 3.01%, US 1.63%, Italy 1.13%, Spain 0.94%, UK 0.56%, France 0.17%, Netherlands 0.02%, Germany -0.07%, Japan -0.075%, Switzerland -0.58%. Use the Portugal 10-year yield at 3% as a bellwether for the health of Europe’s economy and financial systems. Market eyes may be changing the focus from the troubled Italian banks to the troubled Portuguese banks.