Posted on 03/26/2015 4:23:04 AM PDT by sheikdetailfeather
In a somewhat surprising turn of events, this morning's futures reaction to last night's shocking start of a completely unexpected Yemen proxy war, which has seen an alliance of Gulf State launch an air, and soon land, war against Yemen's Houthi rebels, is what one would expect: down, and down big.
This is surprising, because on previous occasions one would expect the NY Fed, or its pet hedge fund, Citadel, or the BOJ or ECB (via the CME's "Central Bank Incentive Program") to aggressively buy ES to prevent a slide, something has changed, and for the BTFDers, that something may be very fatal with the e-Mini rapidly approaching a 1-handle yet again.
The offset to tumbling stocks, as previously observed, is oil, with WTI soaring over 6% in a delayed algo response to the Qatar headlines.
(Excerpt) Read more at zerohedge.com ...
Bad news for America is good news for Obomba.
So how come the media is paying attention to Yemen while seduously ignoring all of the other global negatives that Zero’s fingerprints all over them?
That, my FRiend, is the question.
It’s starting to all make some sense.
We are entering the end game—the next few weeks will see monumental change on the world stage. Its just a feeling—I hear the hoofbeats of the four horsemen fast approaching!
well, oil prices going up is good for shale oil producers
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