No news/events/sentiment mean anything, as long as the Rig runs.
Tdy is a classic…8 am London time all mkts were hit. Dollar was bid along with SM, Bonds, Au and Oil sold off …check yr Hrly charts
Now the jerks on Bloomberg are saying ….
“The focus is turning once again to evidence that the U.S. economy is doing well, which takes the edge off any market jitters,” said Rosamunde Price, who helps oversee about $14 billion as chief investment strategist at Seven Investment Management in London. “Until tensions really blow up, then markets can cope with geopolitics. The assumption is that the big players won’t go to war over this, so they’ll have to sort it out.”
That’s what it’s all about folks, Rigging the mkts, so Scumsense like that can be spewed out as balm.