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S&P, Dow Jump To Green For April
The morning opened with stocks decoupled from FX carry - despite some random Nikkei headlines to juice JPY - and S&P futures pinned to 5Y yields (as the correlated pair of choice for now). S&P and Dow have rallied back into positive territory for April - so Mission Accomplished for now...
For get JPY for now... equities are all about bonds...
as TSY weakness lifts the S&P to unch for April...
Charts: Bloomberg
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ho-hum .... just another Tuesday .
DAX on steroids, up 500 points in the last week 150 of those from close Thursday, rest of Europe +Hong Kong and Japan all red to green this morning dragged up as usual by this endless US futures overnight ramps
China the new PPT until they off load all the worthless paper they hold (buying america)
Great investment.
S&P and Dow have rallied back into positive territory for April - so Mission Accomplished for now...
You forgot to add that gold and silver have been smashed - now that's mission accomplished by the Fed and its minions.
Trannies have a boner...
Must be another April Fools joke and there are plenty of Greater Fools.