Wednesday, December 14, 2016

THURSDAY 12/15/16; FOMC Rate Decision Aftermath; Dow 20K Watch Continues; Venezuela in Chaos; US Dollar Index Above 103; Euro Prints 1.03-Handle at 13-Year Lows; German 2-Year Bund Yield -0.78%; BOE Rate Decision; RAD; SAFM; CPI (Consumer Price Index); Philly Fed; Empire State Mfg Index; Silver Crashes -7%; ADBE; JBL

A few hours ago, the Federal Reserve raises the key US benchmark rate by 25 basis points, 0.25%, as expected. The 100% probability for a 







[Text is redacted. Purchase the 2016-12 chronology to enjoy December's economic and market history.]








 holds $1.13 trillion in US bonds. Third is Ireland. Fourth the Cayman Islands. That is where the corrupt American businesses hide cash. Fifth is Brazil. Sixth Switzerland. The seventh largest buyer of Treasuries is Luxembourg. Eight is the UK. Ninth is Taiwan and the tenth largest buyer of Treasuries is Hong Kong.

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