So... we have another terror attack in London, the biggest geopolitical earthquake in the Middle East in years, US macro data is dreadful... and stocks don't budge...
Another day of dismal data and US Macro data declined once again to its lowest levels since early Feb 206 - amid fears of a global recession...
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The S&P, Dow, and Nasdaq traded in an extraordinaily tight range today as Small Caps underperformed notably... notable weakness into the close...
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Interestingly both bonds and stocks were sold in that last 30 mins (is RP starting to delever?)
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VIX tested back near record lows at 9.60 intraday
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GOOGL topped $1000...joining AMZN
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AAPL shareholders were thoroughly unimpressed by AAPL's Homepod...
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Despite marginally higher rates, bank stocks rolled over to almost erase their gains by the close...
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The Dollar index leaked lower, extending the post-payrolls losses. This is the lowest close for the dollar since Oct 5th.
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AUD strength and EUR weakness battled each other for control of the dollar today...
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The Mexican peso rallied notably to its strongest level in seven months after the ruling party’s victory in local elections.
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Treasury yields limped higher all day... all remaine below pre-payrolls levels.
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Gold and Silver were flat on the day...
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But crude slipped lower after Qatar chaos hit (amid OPEC cooperation concerns)
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Finally, this...
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