Stocks took a run at a rally today, but alas, the attraction of reality was too great for them to achieve escape velocity, and down they fell again to finish off a little lower.
Gold and silver took off higher, with silver putting in some impressive gains after the recent bear raids that took their prices lower, because of course they can, and the bullion banks are not ashamed to do so.
Nvidia jarred tech with some awful earnings, and a few other have also sounded their wake up calls, creative accounting and fanciful metrics notwithstanding.
More inflation data coming out later this week.
The consensus on bubblevision is that we are already in a recession but it really isn't all that bad.
Franz Kafka's The Trial says it all about this attractive but deceitful financial demimonde.
Have a pleasant evening.
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