N.B.: This report has been published on steemit.com already as I had trouble uploading on d.tube.
In this report, I cover the market action in London just after the U.S. market opening on Monday, September 24th, 2018. I look briefly at the precious metals, the stock market, the dollar, the bond market, and the oil price.
Today I note how bond yields are continuing to creep higher together with the oil price and this could be a warning to signal of the economy overheating. In our credit and debt based economy higher bond yields and higher commodity prices could bring the economy to a sudden halt.
To conclude my report I look at one of the most if not the most shadowy financial institution in the world the BIS or the Bank for International Settlements. I note that this secretive supranational bank was created in 1930 by an international treaty and that it acts as the banker for the world's major central banks like the Fed, the ECB and the Bank of England.
The Tower of Basel by Adam Lebor: https://www.amazon.co.uk/gp/product/1610393813/ref=as_li_tl?ie=UTF8&tag=maneco64-21&camp=1634&creative=6738&linkCode=as2&creativeASIN=1610393813&linkId=b2fe35765980b5cc983c1aaf61465977
