A Murderous Complacency - Dark Omens Are Circling Everywhere In Today's Markets
Submitted by Adam Taggart via PeakProsperity.com,
murder: a flock of crows
~ Miriam-Webster dictionary
Submitted by Adam Taggart via PeakProsperity.com,
murder: a flock of crows
~ Miriam-Webster dictionary
Bad news is good news again...
US Macro Surprises continue to disappoint...
And to be clear - all the gains in macro data have been 'soft' survey gains with 'hard' real data completely unchanged...
By Nicholas Colas of Convergex
E Pluribus Google (Trends)
Gold is up, stocks are dead, vol is dead, bonds are flat, mcro data is disappointing, and Trump is rattling sabres...
Small Caps and Trannies remain red post-Fed, Dow, Nasdaq and S&P are barely green...
One look at WTI, RBOB, and VIX today and it's clear the algos are in charge... don't play...
Post-Fed, Gold was the biggest winner...
As rate-hike odds dropped...