Economic Collapse

[basserdan]

Today's Economic Calendar
7:00 MBA Mortgage Applications
9:45 PMI Composite Flash
10:00 New Home Sales
10:30 EIA Petroleum Inventories
11:30 Results of $16B, 2-Year FRN Auction
1:00 PM Results of $36B, 5-Year Note Auction
2:00 PM FOMC minutes

Today's Markets
In Asia, Japan -1.2%. Hong Kong -1.8%. China -1.4%. India -1.9%.
In Europe, at midday, London -0.7%. Paris -1.1%. Frankfurt -1.5%.
Futures at 6:20, Dow -0.7%. S&P -0.6%. Nasdaq -1%. Crude -0.6% to $71.76. Gold +0.3% to $1296.20. Bitcoin -1.7% to $7845.
Ten-year Treasury Yield -5 bps to 3.01%






There’s a law that prohibits a crook
From producing a film or a book,
Making even one dime
By exploiting his crime:
Maybe Comey should give it a look.

Comey’s IQ may be higher
And that maybe makes him slyer
Than us common folk,
But he’s still a joke –
And a pathological liar.

- F.R. Duplantier