- The Swiss people have given up the inflation ghost to win the currency war
- Media reports negative on the news: “silly decision”
- Oil down against the Swiss Franc
- Swiss stocks up in U.S. dollars
- Wall Street expects Eurozone QE, but without Swiss, QE might be less likely
- Gold up against other currencies
- Franc surging in value against the dollar
- This move may signal economic reform
- Unfortunately Janet Yellen is not going to get this memo
- Volatility from Swiss move is nothing compared to consequences of a U.S. QE 4
- This move is bearish for the U.S. market
- Buckle up, it’s going to be a bumpy ride
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