US equity indexes began the week on a weak note, SPX -25pts (0.7%) at 3799. Nasdaq comp' -1.2%. Dow -0.3%. The Transports settled -0.05%.
sp'daily5
VIX'daily3
Summary
US equities opened moderately lower, partly pressured by other world markets, but it was also just a case of cooling from historic highs.
The Gundlach made an appearance...
... touting that the US is really still in recession, when you take into account the deficit spending. Indeed it is... as the US Govt' is papering over the cracks, with digital paper being provided by the Fed. It remains marginally surprising that CNBC bring on Gundlach at all, as he periodically speaks such truths.
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Meanwhile...
... as Google/Youtube are leaders in what is a Digital Kristallnacht.
As German Chanceller Merkel bravely noted she sees Twitter's ban of Trump as 'problematic'.
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| Bearish Blue checkmarks |
The afternoon saw considerable chop, if leaning on the weaker side.
Volatility picked up, the VIX settling +11.7% to 24.08.
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| Darkening skies for a dark minded populace |
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Goodnight
from London
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