The obvious takeaway from yesterday’s presser was the idiotic question Steve Liesman asked to start the Q&A.
Below is the FRA 4 Horseman podcast. Fabulous!
https://youtu.be/nlw5XQodGic
Gold has rolled to April with a $23 premium.
Risk spreads are rolling over which has me looking to sell
rallies in the Spoo.
Caution is advised in the Nasd which is now trading unchanged on the year.
Bunds are rallying talking the 30 yr. with it. For the past 2 fed meetings the rate cuts were met by selling of treasuries.
Now we are getting the opposite effect. There is room another full point to the upside. The levels are on the sheet!
Now that all the big cap ” Index Moving” names have reported is that it for a while?