Legacy Thread

[basserdan]

Today's Economic Calendar
9:45 PMI Composite Flash
10:00 New Home Sales
11:15 Fed's Bullard: U.S. Monetary and Economic Policy
12:40 Fed's Mester speech
1:00 PM Baker-Hughes Rig Count
2:15 PM Fed's Powell speech

Today's Markets
In Asia, Japan +0.1%. Hong Kong flat. China +0.3%. India -0.5%.
In Europe, at midday, London -0.5%. Paris -0.6%. Frankfurt -0.7%.
Futures at 6:20, Dow -0.2%. S&P flat. Nasdaq -0.2%. Crude +0.2% to $42.81. Gold +0.7% to $1257.80.
Ten-year Treasury Yield flat at 2.16%






An ode to a policy flop
Our markets are starting to drop
The bulls had some fun
With this central bank run
But absent a large blow-off top

With global economies slowing
The everything bubble is growing
This central bank plan
Is hitting the fan
A bomb that is soon to be blowing

- The Limerick King