Stocks And Precious Metals Charts - Bring Out Your Bonds... - Quad Witch Option Expiration On Friday
The Retail Sales number rebounded much more strongly month over month than anticipated.
Although the number was highly contrived, nevertheless it was good enough for those who are touting a V-recovery.
The FED is buying corporate debt.
You know, those bonds that corporations were issuing in big numbers to buy back their stock, to prop up the price and fatten their stock options.
So stocks rallied, although they were unable to hold on to their highs.
Gold and silver struggled again today.
The Dollar moved slightly higher.
Tony Sanders informs us that roughly 19% of all US corporations today are 'zombie firms.'
The looting is being taken to a whole new level.
Have a pleasant evening.
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