In theory, break-even rates reflect investors expectations for inflation over the life of the securities.
Every year the General Assembly votes on resolutions that criticize North Korea, Iran and Syria for their lack of respect of human rights.
The 419-point move for the Dow +2.4% is the biggest since November 30, 2011. A lot was short covering, and those covering were not mom and pop investorsbut sometimes, smart money throws in the towel.
Im a big fan of federalism for both policy and political reasons. Returning programs to the states is the best way of dealing with counterproductive income-redistribution policies such as welfare, Medicaid, and food stamps.
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for December 19th, 2014 | John Ransom
In Other News: New Captain America Will be Black; Racist Liberals Suddenly Become Fans | Michael Schaus