The ‘Fed-Calmed’ Canaries In The Coalmine Are Once Again Keeling Over
by Michael Lebowitz via 720Global.com,
ZeroHedge.com
11/13/2015
While the U.S. equity markets, until the last few days, seemed unconcerned about the prospects of the rate hike, the so called canaries in the coal mine are once again sending troubling signals, as the consequences of a reversal of Fed policy after 7 years of crisis management are significant, and the stresses are amplified as policy change looks likely to occur while most other central banks are taking the opposite monetary policy tact.
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