evening wrap

market vibes

October 23 … ) 

“We're going to be broke really quickly unless we get serious about dealing with our spending issues.” Paul Jones opines provocatively on CNBC. “All roads lead to inflation.” 

A lively session in NY on Wednesday. Interest rates rose sharply. The five note year below.  

The Yen came in weak from overnight trading and extended its range lower. 

DXY ripped higher, again, without comment from the FOMC or Yellen. “Silence implies consent,” said Sir Thomas Moore before they chopped his head off.

Since we are flirting with philosophy and silence this afternoon, Plato said people have a moral obligation to speak out against injustice and that not doing it is the same as condoning it. Lol. SSDD.

In other markets Crypto got hit with stocks and gold, BTC futures were down 2000.