Good morning all! Right now we got futures flat for metals and upbeat for stocks after yesterday's drop in lower volume. With stocks it seems the divergence continues as small stocks drag below moving averages while the Dow/S&P hit record highs. Claims & inflations #"s today. This mornings headlines:
Bonds are quietly outperforming stocks Los Angeles Times - 8:24am A trader watches a screen on the floor of the New York Stock Exchange on Tuesday. A trader watches a screen on the floor of the New York Stock Exchange on Tuesday.Stock Markets Had a Rough Second Yesterday - Matt Levine, Bloomberg
Do Alternative Investments Fit In Your Portfolio? - Wall Street Journal
Now the Time To Jump Into Surging India? - John Kimelman, Barron's
Europe's economy underperforms with weakness from France to Italy Growth of just 0.2% for the currency bloc, half as much as economists had forecast, adds pressure on the European Central Bank to deliver stimulus measures next month in its battle against weak inflation and anemic output.