Dow Drops As Dollar, Bond Yields Spike Most Since Election
For Goldman bulls today...
For Goldman bulls today...
Submitted by Nick Giambruno via InternationalMan.com,
History books remember Herbert Hoover as one of the worst American presidents.
Hoover, a Republican, was a rich and successful businessman with investments all over the world. He was also somewhat of an outsider, having never held elected office until he was inaugurated in March 1929.
While US markets take the day off for MLK holiday, the rest of the trading world has been busy, perhaps nowhere more so than the sterling which continued its volatile session in advance of May's pre-hard Brexit speech, falling below $1.20 for the first time since October after the Sunday Times said May is ready to withdraw from tariff-free trade with the region in return for the ability to curb immigration and strike commercial deals with other countries.
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Extremes Become The Norm
For Nasdaq traders today...
Small Caps (and briefly The Dow) sunk into the red for 2017... (NOTE: the moment Trannies and The Dow tagged unchanged for 2017 a miracle bid appeared)...