Legacy Thread

[basserdan]

Today's Economic Calendar
9:45 PMI Manufacturing Index Flash
10:00 Atlanta Fed's Business Inflation Expectations
12:20 PM Regional Fed Presidents panel
12:30 PM Fed's Kaplan speech
1:00 PM Baker-Hughes Rig Count

Today's Markets
In Asia, Japan -0.3% to 16754. Hong Kong -0.3% to 23686. China -0.3% to 3033. India -0.4% to 28668.
In Europe, at midday, London -0.1%. Paris -0.5%. Frankfurt -0.3%.
Futures at 6:20, Dow -0.1%. S&P -0.1%%. Nasdaq -0.1%%. Crude +0.2% to $46.40. Gold -0.3% to $1341.30.
Ten-year Treasury Yield -2 bps to 1.61%






We live in the age of disgust
The system we built is unjust
The Left and the Right
Continue their fight
But nobody knows who to trust

The Fed has held firm on their rate
And crony Fed longs celebrate
Deplorables earn
A risk-free return
As equity bubbles inflate

Wealth Management clearly is dead
It's where market rigging has led
With ZIRP and QE
My gains are risk-free
My manager's name is "The Fed"

- The Limerick King