Financial Conditions Are Rapidly Deteriorating

The week closes out with another big drop in the markets. Nasdaq and Russell 2000 have hit new lows for the year. Russell 2000 is on-track to have lost value during Trump’s four years in office.

The week closes out with another big drop in the markets. Nasdaq and Russell 2000 have hit new lows for the year. Russell 2000 is on-track to have lost value during Trump’s four years in office.

Oil prices are plunging, which is bullish news for gold mining companies, as their production costs decrease and gold prices increase. Fed’s balance sheet rose by a whole month's worth in one week, and it looks like that trend will continue in the weeks to come. Fed’s crisis hasn’t even begun.

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