Bank of America: Markets Are in a 'Twilight Zone'

[Mackin USA]

Bank of America: Markets Are in a 'Twilight Zone' and It's Time to Hold More Cash and Gold

http://www.bloomberg.com/news/articles/2015-05-18/bank-of-america-markets-are-in-a-twilight-zone-and-it-s-time-to-hold-more-cash-and-gold

[Mackin USA]

http://www.ft.com/cms/s/0/6ad3f99a-fe16-11e4-8efb-00144feabdc0.html#axzz3agvvSEIP

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The unusual steps come after the European Central Bank became the first big central bank to announce a negative deposit rate — in effect a penalty on banks parking their surplus cash — last year.

Central banks in Sweden, Denmark and Switzerland have also imposed negative policy rates of between minus 0.25 per cent and minus 0.75 per cent as they battle deflation and currency pressures.