Loading ...We had SPX hit the apex of a rising wedge and $/Yen the downtrend line.
Previous, we had old and silver crushed on no news.
Then, out of the blue, or not we have the Ukraine issuing a statement at precisely the right time for the rising wedge to collapse. And now, we get Russia stating that there was no such incursion and the Ukraine story is simply not true.
The one sector no one can explain is the 30 year bond just keeps rocketing higher.
Who decided to release those unsubstantiated headlines at the precise time? The US clearly has non stop surveilance of the Ukraine border, so where is the State Dept.? and why were they not consulted before running the headline?
Stocks and bonds and metals are a trillions in price and I see no one saying that entities use the media to reap endless profit.