Equities are in limbo. A rally lasting days, weeks or months is very likely. But not today. Structural problems of so-called post-industrial economies, meaning Western Europe, the US and to a lesser degree Canada & Australia, have not been solved. Nor will they be solved so long as corporations are allowed limitless size and power, be it economic or political.
Industrials commodities are holding up pretty well, implying the users think a rebound in attitude is likely, and that rising equities will allow the commodities prices to rise.
Bonds are having an inside day to the upside.
The USD is rebounding against all save the Yen.
Industrials commodities are holding up pretty well, implying the users think a rebound in attitude is likely, and that rising equities will allow the commodities prices to rise.
Bonds are having an inside day to the upside.
The USD is rebounding against all save the Yen.
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