The Central Bank Stock Market Indicator by Bill Bonner originally appeared in the Daily Reckoning.

FORBES: Don't Fight The Fed And Don't Forget That Debt

U.S. lawmakers are crafting a bill designed to stop the European Central Bank from handling business from the Iranian government, a congressional aide said on Thursday, an attempt to keep Tehran from using euros to develop its nuclear program.

CENTERFORSECURITYPOLICY: Center for Security Policy | US Congress to Target European Central Bank to Stop Iran from Using Euros

Bill prices receded by seven ticks and the swaps market pointed to additional central bank tightening of 27 basis points over the next 12 months compared to 18 basis points earlier this week.

FORBES: Commodities Undeterred By ECB Rate Hike