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Le Cafe Americain
Published : March 19th, 2014
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Today was the first day of the FOMC meeting. Tomorrow they will announce their latest reading of the entrails of the real economy at 2 PM EDT.
It was 'risk on' all the way, as money moved into equities. And Treasuries as the yield fell. Surprisingly those two moved in concert, but on thin volumes. Pretty as a picture. Endless prosperity and no worries.
Gold has now come back down to test the neckline. Let's see how we end the week.
There will be a Comex option expiration next Tuesday for the more important April contract. We are getting closer to a real delivery month, at least in terms of the Comex which delivers relatively little.
Have a pleasant evening.
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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- 20/04/2013 à 20:03 GMT
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