Broad indexes of the American bond markets are up nearly 9 percent. Gold jumped 18.5 percent and silver nearly 16 percent, and other commodities were also up. (Futures prices for hogs, in case that had been your pick, gained about 18 percent.)

It was a remarkable across-the-board rally of a scale not seen in nearly a decade. The cause? Mostly a head-spinning reversal by the Federal Reserve, which went from planning to raise interest rates to cutting them and pumping fresh money into the financial markets.

By admin

PennyStockPlay is committed to providing our members with the most informative and accurate penny stock trading information available on the Internet today. The team at PennyStockPlay is dedicated to turning even the most novice trader into a seasoned one. No one can guarantee gains, and if they do they are lying. There is always a minimum level of risk, as small as it can be, it is still present. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost, and current performance may be lower or higher than the performance quoted. We believe that the well-educated investor is a wealthy one, so subscribe to our newsletter by entering your email address in the opt-in box below and let us help you build a stock portfolio that will be the envy of all of your peers!