Legacy Thread

[basserdan]

Today's Economic Calendar
FOMC meeting begins
8:30 Housing Starts
8:30 Current Account
8:30 Import/Export Prices
8:55 Redbook Chain Store Sales


Today's Markets
In Asia, Japan +2%. Hong Kong -0.4%. China -0.2%. India -0.1%.
In Europe, at midday, London +0.3%. Paris +0.1%. Frankfurt -0.1%.
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +0.8% to $50.77. Gold +0.1% to $1311.30.
Ten-year Treasury Yield flat at 2.22%






A short-squeeze in retail is on
Who cares if their business is gone
Retail is dying
But prices are flying
A rigged market Kleptocrat con

On CNBC micro musing
Their recommendations...confusing
Establishing prices
Are macro devices
Their faith in their guidance...amusing!

To bubbles the Banks are creating
A problem that's never abating
The curse of QE
A share buyback spree
A free-market fraud they're inflating

- The Limerick King