Loading ...Kinda weird, but whatever. The usual result, dollar rallying, rates up 5 bips to 4.16%
SM doesn’t like it much, pm’s flat, which is a little surprising. The shares don’t look super weak – also surprising – although we’ve seen that before and then they drop like a rock when the SM opens.
We got nuttin’ folks, no BRICS gold backed currency announcement. Nothing to challenge the dollar and rates are going to continue higher even though the economy is dying. Couldn’t get a contractor here a year ago, now I’m flooded with offers for everything in the mail. Building has slowed to a crawl in a state that has seen a huge influx of people the last several years.
None of this may matter a year from now, as I’m not sure what this country and the world will look like. I can’t imagine it will look better. The swamp is digging in and seem desperate to me. I have no doubt they will seek to break us. I’m not scared, at least the pain of watching pm’s will be over.
I am glad to see some of this bloated tech finally taking it on the chin, still so ridiculously overvalued.