Risk On, Kind Of -

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Published : July 13th, 2019
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Category : GoldWire

“A system of morality which is based on relative emotional values is a mere illusion, a thoroughly vulgar conception which has nothing sound in it and nothing true.”

Socrates

Socrates would have made a good critic of the theories of modern currency.

It was a risk on day in the markets, although one might not expect it given the general results in the major US Stock indices.

The Dow Industrials cracked through the 27,000 barrier quite handily. The SP 500 closed a fraction below 3,000, the Nasdaq was off a bit, and the broader market as measured by the Russell 2000 declined.

There appeared to be some distinction between appearance and reality.

All in all, a fairly typical day in 21st century America.

The discussion is revolving around the Fed, and what they will do next.

Smells like teen spirit.
"May God the Father and Christ Jesus our Lord give you grace, mercy, and peace."

1 Timothy 1:2
Have a pleasant evening.


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