Cliff Küle's Notes:

Cliff Küle's Notes Your daily CONSOLIDATOR of the most insightful WEB presentations on the subject of MONEY .. The Ultimate Confidence Game .. How our Monetary System works for the benefit of some .. at the expense of others.

Jun 23rd 2013, 01:15 Welcome to the Real World Casey Research's David Galland explains how the Federal Reserve appears to be taking no action on rising long-term interest rates .. "This aloof attitude signals higher rates are here to stay .. By the Fed taking no action in light of higher rates, the Fed has taken a major step in signaling the end of low rates. The Fed is telling the market that it accepts slightly higher rates, and it won't do anything about them. What we're experiencing now is not the result of some unforeseen events. We are just stepping back in to the real world ... That doesn't mean the market is all downhill from here, but the era of easy gains is winding down." LINK HERE to the essay

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