Equity markets poised for day two of Fed’s no-news rally
Breakfast with Benjamin: Equity markets are poised for day two of a rally thanks to the Fed's lack of news, plus gold takes a hit, and how independence could affect Scottish stocks.
- Stocks are poised for a next-day rally on the Fed’s no-news-is-good-news announcement. Status quo is good for stocks, for now. The stock market stays drunk on low rates and a scary-big Fed balance sheet
- The Fed trips up gold prices, but there’s new hope that a ‘yes’ vote in Scotland could boost the price of the precious metal. A bearish view from Barclays
- As Scotland votes on independence, here’s the nitty-gritty on what it’s all about. Just in case you haven’t been keeping up. Letting 16-year-olds vote on whether Scotland should sever a 307-year-old union with England
- How independence could affect Scottish stocks like Royal Bank of Scotland (RBS) and Lloyds (LYG). Independence could drive companies to relocate their headquarters
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