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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 395.44

+0.6%

Dec 12 4:00 PM EST

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To: bart13 who wrote (114553)	12/3/2015 11:11:03 PM
From: elmatador	of 218494

Central-bank actions have delivered a number of shocks to financial markets this year. In January, Switzerland’s central bank unexpectedly removed the franc’s peg with the euro. In April, German bond yields spiked and rippled into global bond markets. In August, China caught global investors off guard by devaluated its currency. “This has happened again and again this year, a good trade becomes a crowded trade very quickly, and all the late comers lose on this kind of squeeze,” said Zhiwei Ren, managing director and portfolio manager at Penn Mutual Asset Management Inc., which has $20 billion assets under management. Disappointment With ECB Sparks Selloff in U.S., Eurozone Bonds Fresh stimulus comes in shy of investor expectations wsj.com

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