while WE slept: USTs trackin' Gilts, Bunds lower on avg volumes o/n; "...Rates Matter Again for Equities" -MS (who's also updated 2024 econ outlook...)
while WE slept: USTs trackin' Gilts, Bunds lower on avg volumes o/n; "...Rates Matter Again for Equities" -MS (who's also updated 2024 econ outlook...)
As the resident Gold Bug, the yellow metals on my mind. ZH claims there was a BIG 1.6B 3 min gold futures sale last Thursday. DUH! It's like being a Liverpool soccer fan, you play (or move aka gold) valiantly for months, only to collapse late w/the finish line in sight. Volker's Big Mistake's also on my mind, now time to read Anguish of Central Bankers, h/t to Brent Donnelly's Friday Speedrun. Some say Powell's current dilemma's highly similar to Burn's....
As the resident Gold Bug, the yellow metals on my mind. ZH claims there was a BIG 1.6B 3 min gold futures sale last Thursday. DUH! It's like being a Liverpool soccer fan, you play (or move aka gold) valiantly for months, only to collapse late w/the finish line in sight. Volker's Big Mistake's also on my mind, now time to read Anguish of Central Bankers, h/t to Brent Donnelly's Friday Speedrun. Some say Powell's current dilemma's highly similar to Burn's....