Loading ...Looks like the “everything” rally will be the “everything” selloff today.
PM’s getting hit pretty good in the overnights, Gold spot down almost 1% to sub $2K spot at $1889, silver down 1.25%
Oddly enough the USD is up a smidge, more like flat, but rates are moving higher with the 10 yr. up 4 bips to 3.62%. SM futures are down 1/3% across the board, Europe flat to slightly down.
Bitcoin, oil, most commodities are down. Oil sitting right at $80, with Bitcoin down $300.
BTW – UK CPI up to 10.1% and rising, yikes.
Yesterday’s action with the shares stuffed now makes sense. This is scum action to be sure.