Daily Macro. No Noise. Just Structure
Market Summary: The long and the short of it. Stocks finally woke up from their complacent march higher and began to catch down to the reality in the bond, currency, and commodities markets. The reality that the corona-virus has not evaporated but instead virus counts have exploded higher, rattled global investors on Monday. Investors that […]
By Michael Snyder http://themostimportantnews.com/ “When Pelosi tore those pieces of paper in half, I believe that it was symbolic of what will happen to our entire country. In other words, I believe that it is possible that we may have just witnessed what is known as a “harbinger”. The following is how that word is
A symbolic ripping apart of the US Read More »
Market Summary: The long and the short of it. Asia The Peoples Bank of China expanded its massive liquidity stimulus on Tuesday with another enormous 400 Billion Yuan in support of Chinese markets. The Federal Reserve in the U.S. also supported the U.S. markets with its overnight “repo”, which saw a another massive $64.45 Billion
Market Summary: The long and the short of it. Asia The Chinese markets re-opened in the early hours of Monday morning after the extended holiday period and they did not surprise the consensus opinion. The Chinese markets dove into the red at the open, the Shanghai Composite down -8.00% at the close. Europe Europe like