Traders Buy Bonds, Stocks, Bitcoin, & Bullion As Moody's Confirms Trump Is Right

After surging 5% last week (and 20% plus over the last few weeks) US stocks took a pause today amid little new news to trade on as we kick off a relatively light week in terms of scheduled macro economic data. Of course, the USA debt downgrade grabbed headlines over the weekend and prompted some initial negative reactions but as Goldman Sachs trading desk noted:

Very quiet start to the week