sp'daily5
VIX'daily3
Summary
US equities opened significantly higher, spooked by early morning comments from the US President, who amongst many comments said it would be "Probably better to wait until after the election for the China deal". The SPX duly spiraled to 3070, with VIX printing 17.99.
Trump continued...
... in a rather testy presser with Macron of France.
The afternoon saw a moderate recovery, with the VIX settling +7.0% at 15.96.
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*I will add something that appeared yesterday in AH...
... with none other than a reply from the Schiff. It should be clear, Trump increasingly wants a weaker USD. Ironically, many across the world would also like that, not least those governments who have a mountain of dollar denominated debt.
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| Winter sun for the bears |
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| Cruising high about the capital of Trump |
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| A glimpse through the clouds |
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| Next full moon is Dec'12th |
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/permabear_uk
Goodnight from London
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