I don`t think it`s far fetched to say that we should get used to the increased volatility and the news-driven trading for a while – what we just saw today. We experienced a small intraday rebound and also some break was given on the bond market.

The first round of a series of negotiations (aka T-TIP) will take place in Washington DC in the upcoming weeks. I don`t know for how long will the debate go on but the main objectives of this partnership are good for both parties and a more open and free market should be welcomed. Every lifted administrative barriers, tariffs etc are important milestones for a better working market. I had to write this for the record because this kind of openness is a part of my value system and a liberal and competitive market is a backbone of a well-functioning society.

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