In This Issue
Weekly Commentary
Alicanto Minerals sitting on a multi-million ounce project
While the fall in the Dow on Friday 9th September rattled our market on the following Monday, then into the week, it shouldn't be given too much credence in the big picture. It was just another page in the saga of the uncertainty and indecision within the floundering monetary policy of the Fed. It shows how hard the market is looking for clues that it took the opinions of the Fed policymaker Eric Rosengren, and reacted dramatically. Rosengren simply said that the US economy could overheat if interest rate rises were delayed too long. That is Economics 101. The real question is "how long is too long?" Since then the market has seen a procession of ripples, much like what we saw after Brexit.
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