Morning Sig,..Re:This looks to be a major day in US history, other countries
Market backdrop today starts in Japan with the failure to solidify an agreement on the banking re-structuring details, see the story below.
biz.yahoo.com
Monday September 21, 5:50 am Eastern Time
Confusion reigns as Japan bank-bill pact unravels
This political wrangling between the Opposition and LDP has further delayed what major financial leaders feel is the most important key to resolve the GLOBAL financial crisis.
economeister.com
TIETMEYER: NEED COOL HEAD IN DEALING WITH CRISES; JAPAN KEY
Tietmeyer and Meyer also agreed that Japan is "the key" to dealing with the international financial problems.
"If Japan gets back on a growth path, and brings its economic, financial and banking problems under control, this will be an important and decisive step to overcoming the crises," Tietmeyer.
Next, it is a Jewish holiday and volume might not be up to snuff which will exaggerate moves.
And finally, even though polls have shown that Americans by an overwhelming margin of more than 2/1 don't want to hear or see anymore Clinton soap opera, the media are going to force it on us pretending all the while that it is there duty (LOL) to keep us informed.
Happy day,
Lee |
