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Global Economic Recovery Case Continues To Strengthen
5 – Second Rundown:
Equity Markets are flat today holding up fairly well, given the latest distraction from the media and DC. The Dollar is weaker across the majors today, while the Ten-year is basically unchanged t 2.32 percent.
Charts:
We can see the Dollar Index is weaker today. Supposedly, it is becuase of geopolitcal risk….
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…but treasury yield seem to not care much…
S&P 500 could not care…
I’m not sold the move in the Dollar really has to do with Geopolitical risk. Let’s see what happens tomorrow.
