SideNote: I'm sure we all could agree with Nomi Prins' outlook for 2016, no more rate hikes! I'm guessing the Feds will drop more hilicopter fiat money-QE4, before the Nov. presidential elections. GRIM
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Nomi Prins Just Issued A Major Warning
(Excerpt)
To sum up, a decisive policy of rate hikes is not in the 2016 cards, unless economies markedly improve — which won’t happen. At most, we can expect to get another 25–50 basis points this year. If markets continue to implode through the world as January exhibited, it’s unlikely the Fed will raise rates during the first quarter. If markets and banks’ books improve slightly, the Fed will raise rates by at most 25 basis points in the first quarter. But that’s a big “if.” The same goes for the second and third quarters. By the fourth quarter, if markets are still staggering, the Fed won’t raise rates into the US elections because diving markets don’t look good for the political party in power — or the Fed itself.
http://kingworldnews.com/nomi-prins-just-issued-a-major-warning/
