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Bill Fleckenstein – Global Rout In Bonds Eerily Similar To Period That Lead To 1987 Stock Market Crash, Plus A Bonus Q&A

With crude oil surging over 4 percent and global bond markets continuing to get hit, today one of the greats in the business sent King World News a fantastic piece warning that the global bond market rout in bonds is eerily reminiscent of the period that lead up to the 1987 stock market crash, plus a bonus Q&A that covers central banks losing control.

Venezuela demands Guyana halt 'imperial' oil exploration

Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana’s coast, spurring complaints from Caracas that Guyana is unfairly exploiting a disputed territory that must be negotiated through a mechanism created via a 1966 treaty signed