Well, apparently today was Gold rally, stock dump, bond
dump, and dollar dump.
This kind of very, very bearish stuff.
Subject 57110
This kind of market behavior did not last more than a day in
the past, as normally bond dump leads to stock rally.
But today the reason was... Britain's sovereign
credit rating was put on watch by spoos, and some silly folks
connected the dots to USA. If it lasts, it could be very
bearish, as SPOOS will never downgrade USA, but folks
might. -g/ng-
Message 25661062
So far the weirdness was a day as well, and, since bonds were
dumped, we should see a rally tomorrow... Unless of course...
things changed. Gulp!
Now, the funny thing - Spoos probably did it to stop the
British pound from rallying fast, and then it crashed up!
This is creepy... |
