Italian Bonds

Italian 10 Year

Well it's not as bad as 6 months ago, but not that much better.  Greece, Spain savable.  Italy?

Inflation key

So the Philly Fed number was way down, unemployment's staying up, and basically the economy looks weak again.  The Fed keeps saying it won't move until inflation isn't even close to an issue and with Oil prices down to 78 a barrel that might happen sooner then later.

Fed rally

I guess that's why he's the chairman.
Hey if things go bad don't worry we got this.  No we don't need to do anything now it's cool, but if it's uncool later we're still good cause I told you we got this.
And everyone bought it to the tune of 300+ Dow points.

10 Year Yield < 1.5

Not really sure what to say about this.

NFP Friday

So did that jobs number just kick off QE(n)?  Oil prices have slid far enough down to quell inflation fears and with the unemployment rate going up, now feels like everything's in place for some action.  Plus people are going to start begging for intervention if the market keeps going down.  It's a fun game of what's happening in the real economy and then what will central banks do.  You need to know both now.