Today's Economic Calendar
8:30 Initial Jobless Claims
8:30 Producer Price Index
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
10:30 Fed's Reserve Gov. Lael Brainard speech
10:30 Fed's Powell speech
11:00 EIA Petroleum Inventories
1:00 PM Results of $12B, 30-Year Note Auction
2:00 PM Treasury Budget
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
7:00 PM Fed's Bostic Speech
Today's Markets
In Asia, Japan +0.35%. Hong Kong +0.24%. China -0.06%. India +1.1%.
In Europe, at midday, London +0.14%. Paris -0.14%. Frankfurt +0.05%.
Futures at 6:20, Dow -0.04%. S&P -0.10%. Nasdaq -0.01%. Crude -0.80% to $50.89. Gold +0.63% to $1,297.10.
Ten-year Treasury Yield -8 bps to 2.337%
An ode to a Bridgewater fraud
Ray Dalio's acting quite odd
An auditor loan
And bankers they own
All point to a painted facade
The Donald Trump tax plan is dead
Is equity trouble ahead?
I stand with Bill's take
These markets are fake
The prices we see are the Fed
An ode to an issue that's Gross
While traders are getting morose
With markets this fake
Blue pills we must take
The Fed needs to double the dose
Dan