Gold Tops $1900, Stocks Slump As Bullard And Blinken 'Double Whammy' Fuels Fear

Nasdaq is now testing the lows of the day, as investors de-risk on the heels of Blinken's 'Russia threat' rhetoric and Bullard's 'rate-hikes and asset sales' ranting.

Things have escalated a little this morning as Nasdaq is now testing the lows of the day, as investors de-risk on the heels of Blinken's 'Russia threat' rhetoric and Bullard's 'rate-hikes and asset sales' ranting.

This move has taken the Dow into the red for the week and the S&P to unchanged...

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And at the same time, safe-havens are bid with yields falling on longer-dated bonds and gold pushing back above $1900 for the first time since June 2021...

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At the same time, bitcoin has been hit hard and the Ruble is down but steady.

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