Quite a week… this seemed appropriate…
Gold remains 2017's big winner with bonds and stocks close to unch…
Trump's actual swearing in (and speech) sparked a notable drop in stocks and pop in VIX…But in a desperat attempt to keep The Dow green, VIX was monkey-hammered
But VIX ended the week higher…
On the week, Nasdaq and Trannies desperately tried to get back to green but Dow, S&P and Small Caps lost ground (Russell 2000's worst week in the last 7)…
The Dow managed to get back into the green for 2017
US Financials suffered their worst week since September 9th 2016… (Goldman Sachs' worst week since April 2016)
Treasuries had their worst week in six weeks…(notably 2Y ended the week best – unch)
The USD Index fell for the 4th consecutive week (longest losing streak since Feb 2016)..
The Loonie was the worst on the week and cable best…
The Mexican Peso was lower on the week again (6th week on a row) but ripped higher today by the most since the election!!
And as The Dollar slides, so Gold is up 4 weeks in a row (longest win streak since July)…
Crude managed to scramble back to unchanged on the week…
via http://ift.tt/2iKSpaR Tyler Durden