AROUND THE WEB

1. Question: When was the last time the US Federal Reserve hiked interest rates?
 Answer:   As to the last time the Federal Reserve lifted interest rates — that was June 29, 2006, when the Fed lifted the base rate to 5.25% from 5%

Question: When was the last time the Bank of England hiked interest rates?
Answer:   The last time the Bank of England raised their interest rates was July 5, 2007, when the folks on Threadneedle Street lifted the base rate to 5.75% from 5.5%.
 http://blogs.marketwatch.com/capitolreport/2014/05/08/no-you-probably-havent-seen-a-rate-hike-via-twitter/

2. For a couple of interesting charts on bulls and bears click on link below.
\http://www.bespokeinvest.com/thinkbig/2014/5/8/fewer-bulls-than-bears.html

3. Inflation Slows in China
http://www.bloomberg.com/news/2014-05-09/china-s-inflation-slows.html

4. Nationalistic Surge Could Affect EU Elections
http://www.reuters.com/article/2014/05/08/us-sweden-primeminister-idUSBREA4712620140508

5. More From Yellen
http://www.thefiscaltimes.com/Articles/2014/05/08/Minimum-Wage-Hike-May-Hurt-Jobs-Yellen-Says

6. Big Drug Money Big Banks
http://www.ritholtz.com/blog/