The ISM Services numbers came in stronger than expected this morning, and that revved up the hawkish interest rates spin cycle.

The Dollar rose sharply.

Gold and silver declined.

Stocks slumped.

And the band played on.

"The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery." Jesse, May 2009

Distracting the public with outrage wildfires has proven an effective way to avoid meaningful reform and provide a solid money and power payday for the conflict entrepreneurs.

People seem to be getting tired of it, but 'they will have to let go of an apocalyptic narrative that has become part of their identity.' 

Have a pleasant evening.

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