The economic data this morning was apparently good for the US Dollar and not so good for Europe.

So the Dollar soared, and interest rates on US Treasuries climbed.

The broad stock market, such as the Russell 2000 and the SP 500 sold off hard.  

The Tech heavy Nasdaq 100 managed to climb into the green.

Gold and silver were hit hard.

What do we make of this?

The market moves were so out of proportion to the data that it seems more like a hangover from last week's market moving expiration and end of quarter.

Since the brinksmanship of the House brat pack has passed without effect once again, we may be receiving a Non-Farm Payrolls report on Friday.

Let's see where they are going with all these.

I can only express disappointment that once again the corporate Democrats have felt our pain, but done little to nothing to promote financial or market reforms.  

Disappointments all around really. But such are the times.

Have a pleasant evening.

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