Trump Celebrates “A New Record” As Stocks, Bond Yields, & The Dollar Soar
Another day, another trade-deal headline saying nothing new but good enough for the algos…
US equity markets love it…
Surging to new record highs, a fact not missed by the president…
Stock Market up big today. A New Record. Enjoy!
— Donald J. Trump (@realDonaldTrump) November 7, 2019
But he probably will not be happy that the dollar is also soaring…
Source: Bloomberg
Gold is, of course, getting monkeyhammered…
And interest rates are also spiking…
Source: Bloomberg
Housing markets won’t like that much.
Tyler Durden
Thu, 11/07/2019 – 10:55
via ZeroHedge News https://ift.tt/2NO66CG Tyler Durden