Economic Collapse

[basserdan]

Today's Economic Calendar
8:30 International Trade In Goods (Advance)
8:30 Retail Inventories (Advance)
8:30 Wholesale Inventories (Advance)
8:30 Personal Income and Outlays
9:45 Chicago PMI
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count
3:00 PM Farm Prices

Today's Markets
In Asia, Japan -4%. Hong Kong -3.6%. China -2.1%. India -3.8%.
In Europe, at midday, London -0.4%. Paris -0.8%. Frankfurt -0.2%.
Futures at 6:20, Dow +0.04%. S&P +0.24%. Nasdaq +0.1%. Crude -0.6% to $63.13. Gold -0.7% at $1763. Bitcoin -6.6% to $46,368.
Ten-year Treasury Yield -4.3 bps to 1.472%






An ode to a world-changing fraud
That all greedy bastards applaud
The scam called QE
And now MMT
That form our free-market façade

The higher that equities go
The more we will need to print dough
That flows to the rich
The rest in a ditch
Prepare for the Guillotine Show!

- The Limerick King