Stocks are just going through the motions of a late stage valuation bubble.
The customary PR falsehoods spread on Sunday evening failed to gain traction, probably because they were so patently false.
VIX jumped back up a little.
The Dollar moved higher.
Bitcoin (BTC.X) is making its move for a breakout a little more strongly. It needs to keep going or it is going to fall back down to the bottom of the channel. It's short term Ponzi trendline is obvious.
Gold and silver were smacked around pretty hard.
I think the Administration is buying into the notion that they are tools of the BRICS. I would imagine Bessent is the spokesmodel for the Wall Street Banks on that one.
The conflict in Iran is center stage. The damage being done to the global economy is real. Its impact is just starting to be felt.
This is going to leave a mark.
Have a pleasant evening.
Comments
Log in or sign up to join the conversation.