Stocks took a dive today in a 'risk off' session that smelled like the rinse to yesterday's wash.
I hope you saw the article I linked on the sidebar that disclosed that the Fed provided north of a trillion dollars in liquidity to the global Banks during the stock market slump in March.
Gold and silver fell off today, a little surprising with regard to gold, but adding to the suspicion that this was not a conventional risk off day.
The Dollar took the 99 handle and then some.
VIX bounced back higher.
Wash, rinse, repeat.
The Banks and their systems seem to be the new dreadnoughts in the latest form of US international 'relations.'
Have a pleasant evening.
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