Cliffhanger indeed...
From Rand Paul's somewhat confusing tweets, the divergence between bond and bullion and the dollar and stocks is clear...
On the day, Nasdaq and Small Caps were worst, The Dow best and Trannies tumbled into the red into the close...
VIX was trampled early on but after Rand Paul's comments started to roll higher...
And, once again 'High Tax' companies continue to underperform 'Low Tax' companies...
Notably a big divergence is starting again in the Momentum and Value factors...
Despite the notable rally after Rand Paul's comments, treasury bond yields ended higher on the day (if marginally)...
But once again the long-end outperformed, flattening the curve...
The Dollar is up for the 7th straight day (longest streak since Jan 2016), retracing the losses from the Nov 1st FOMC...
Bitcoin futures undeperformed Bitcoin Spot on the day, narrowing the premium...
Gold and Bitcoin both rallied together from the early morning...
Bitcoin was not alone today as Ethereum and Litecoin exploded higher...
Crude was the standout today in commodity-land as it gave back yesterday's pipeline-crack gains...