Loading ...Silver getting hammered, although that’s not a big surprise given the action in the shares yesterday. Gold trying to stay flat, that’s a surprise. Shares not looking that bad in the premarket, which is also a surprise given that the SM – especially the DOW – looks to open lower.
The dollar is weaker this am, the Yen is rallying for some reason. The 10 yr. is down a couple ticks.
Eco data this am could matter. GDP comes out with estimates of 2.2%. Hard for me to see it being anywhere near that strong given the regional reports, Dallas and Atlanta Fed, Empire State, etc. However, Biden may need a strong report. The Fed, if planning to cut would like a weak report I’m guessing. Regardless of the number, things in this once great country are crumbling. Everything is a lie, literally everything.
So, we wait, being subject to the market demons of this world, whose sole purpose is graft and theft of our remaining assets.
Hoping for a weak GDP. 🙂