Legacy Thread

[basserdan]

Today's Economic Calendar
8:30 Non-farm payrolls
10:30 EIA Natural Gas Inventory
1:00 PM Baker-Hughes Rig Count

Today's Markets
In Asia, Japan -0.3%. Hong Kong -0.5%. China +0.2%. India flat.
In Europe, at midday, London +0.1%. Paris -0.3%. Frankfurt -0.2%.
Futures at 6:20, Dow flat. S&P +0.1%. Nasdaq +0.2%. Crude -3.1% to $44.10. Gold -0.2% to $1220.80.
Ten-year Treasury Yield flat at 2.37%






Globally, bonds are imploding
Central Bank trust is eroding
Their Neo-Keynes sin
Is nearing a pin
And now comes the time for exploding

An ode to the QE Hotel
The Fed has some assets to sell
This desert is dark
And no place to park
This Fall they will find they're in hell

- The Limerick King