Cheap oil, negative returns and a confused Fed

Posted By on February 11, 2016

Markets took a wild ride today on very weak economies around the globe and oil dropping to nearly $26/barrel. UAE minister hinted at OPEC talking about production cuts, the markets Dow160211Aftercame back from its lows. The pain was particularly hard on banks as monetary policies in more nations move into negative returns (negative interest rates) … and Fed chair Janet Yellen said she would not take it off the table. It is obvious that few know what is happening .


Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.