Everything Aces for “Risk ” today

Positive Trump and Editor of China global times tweets suggesting trade talks better then most expected,A surprise beat on Michigan Confidence number , Optimism on Brexit deal and add in that Fed just announced $60b a month of T-bill purchases, just don’t call it QE and you have Stock Worldwide Higher. Worries about weekend frost in plains and portions of Midwest pushing Corn and Cotton Higher and lastly an Evacuated Nat Gas field in California due to spreading wild fires have forced Nat Gas prices off session lows.

Below find the Risk on/off metric created by Bloomberg using Benchmark Stock indexes,gold,vix and global 10 year yields to come up with one stop look at “Risk” +45% in 3 days!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.