Economic Collapse

[basserdan]

Today's Economic Calendar
8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
8:30 Housing Starts and Permits
9:15 Industrial Production
10:30 EIA Natural Gas Inventory
4:30 PM Fed Balance Sheet

Today's Markets
In Asia, Japan +3.5%. Hong Kong +7.1%. China +1.4%. India +2.0%.
In Europe, at midday, London -0.03%. Paris +0.2%. Frankfurt -0.14%.
Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.3%. Crude +3.7% to $98.62. Gold +1.41% to $1936.60. Bitcoin +0.9% to $40,900.
Ten-year Treasury Yield -6.4 bps to 2.126%






An ode to a quarter point hike
Let's watch as inflation will spike
We'll all pay the cost
As Powell is now lost
A kid with his thumb in the dike

-The Limerick King