
The markets started this week with a yawn as Angela Merkel won a third term in the German elections. The major market mover last week was Larry Summers renouncement in the race for the Federal Reserve chairman presidency. Market momentum kept on when the Federal Reserve announced a complete boondoggle and kept the spigot open for debt purchases. Brace yourselves for a potentially volatile week as we expect to see more movements as investors digest the feds actions.