The Fed statement of last week after the FOMC meeting, was more upbeat, and gold fell for the first time in 10 days below 1000 usd. The consumer sentiment report showed an unexpected jump to 73.5, the highest level in two years. Is this the V-shape recovery? The SPX continues to be stable around 1045, but more and more people have no doubt this is a bear market rally. In Pittsburgh twenty of the world's biggest economies discussed Global Economy and how best to fix it.
The pound broker an head and shoulder formation and the Bank of England is thinking about decreasingthe interest that its banks get paid to inspire them to lend again. In Sweden Central Bank is charging their banks interest on excess reserves that go unused, as a way to make them lend money.
The world League ranking of the world top investor had no change, but Mariusz Ganczar posted another incredible week adding 500% to his gains to a spectacular result of 1571%.
