Economic Collapse

[basserdan]

Today's Economic Calendar
7:00 MBA Mortgage Applications
8:30 Productivity and Costs
10:00 Wholesale Trade
10:30 EIA Petroleum Inventories
1:00 PM Fed's Evans: Monetary Policy
1:00 PM Results of $20B, 10-Year Note Auction

Today's Markets
In Asia, Japan -1.3%. Hong Kong -0.4%. China -0.2%. India -0.7%.
In Europe, at midday, London -0.7%. Paris -1.5%. Frankfurt -1.2%.
Futures at 6:20, Dow -0.1%. S&P -0.3%. Nasdaq -0.5%. Crude +0.6% to $49.44. Gold +0.8% to $1273.
Ten-year Treasury Yield -3 bps to 2.25%






An ode to a nuclear bomb
Koreans are targeting Guam
War drums are beating
But stocks aren't retreating
In fact they're incredibly calm

As Trump threatens fire and fury
The prudent are starting to scurry
We've seen this before
A Neocon war
Our end could be here in a hurry!

- The Limerick King