Neat --lot's of exciting adventure today for the whole family! After yesterday's percent-plus stock index plunge in rising volume's added another distribution day (S&P count now to 8) while metals claw back up to the high end of their new ranges. Reports:
7:00 AM MBA Mortgage Index
10:00 AM JOLTS - Job Openings
10:30 AM Crude Inventories
2:00 PM Treasury Budget
Curiouser and curiouser headlines:
Just China’s way of saying “may you live in interesting times”.
Trump’s plan is to the left of GW Bush’s. His cap gains rate is 50% higher. It’s a button-pusher plan, but I do like Rand’s proposal to shift to a consumption tax.
This line from your posted article is funny: safe-haven currencies such as the yen.
Currency war?