Today's Economic Calendar
8:45 Fed's Harker: “Consumer Finance”
10:00 Wholesale Trade
1:00 PM Baker-Hughes Rig Count
3:00 PM Consumer Credit
Today's Markets
In Asia, Japan -0.6%. Hong Kong +0.5%. China -0.1%. India +0.1%.
In Europe, at midday, London -0.5%. Paris -0.3%. Frankfurt flat.
Futures at 6:20, Dow -0.4%. S&P -0.3%. Nasdaq -0.3%. Crude -0.3% to $48.96. Gold +0.7% to $1359.10.
Ten-year Treasury Yield -3 bps to 2.02%
With cycles of Greenspan inflation
And ludicrous bubble creation
The Fed and its fools
Required new tools
The tool they employed: Bloviation
The Fed's doing harm with its rate
It doesn't require debate
Bubbles they're blowing
Keep growing & growing
Their singular tool: To Inflate!
- The Limerick King
What color are you in on this map?
BE SAFE.
Dan
