Stocks were in rally mode today to accompany the Donald's paean to his 'big beautiful bill' with Bessent and Vance singing the chorus.

But alas, stocks flopped rather hard and finished in the red. This seems to be a recurring theme.

Silver managed to post some gains with style.  

Gold was just hanging on as the Dollar rallied back from earlier losses. 

Non-Farm Payrolls tomorrow.

Complacency abounds.

Geopolitical risks are not priced into this market.  

Therefore, an event will appear to be unexpected, and the pyramid schemes will crumble.

This is what passes for economic and regulatory policy in our plutocratic state these days.

Have a pleasant evening. 

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