Economic Collapse

[basserdan]

Today's Economic Calendar
7:00 MBA Mortgage Applications
8:30 Durable Goods
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:00 Consumer Sentiment
10:30 EIA Petroleum Inventories
10:30 EIA Natural Gas Inventory
2:00 PM FOMC minutes

Today's Markets
In Asia, Japan +0.6%. Hong Kong +0.6%. China +0.6%. India +0.3%.
In Europe, at midday, London +0.3%. Paris -0.1%. Frankfurt -0.4%.
Futures at 6:20, Dow +0.1%. S&P flat. Nasdaq flat. Crude +2% to $58. Gold +0.2% to $1283.80. Bitcoin +2.3% to $8277.
Ten-year Treasury Yield flat at 2.36%






A beautiful normalization
Is part of the Fed's calculation
Calm markets, no cares
With banks buying shares
As part of their harmonization

There's only one problem I see
This means that our markets aren't free
A prosperous land
Now centrally planned
By socialist Powers That Be

- The Limerick King