It was a pretty subdued day to begin Easter-holiday week, with moderate cooling in late morning, and a minor latter day recovery, before leaning a little weak into the close. Volatility clawed into the low 13s, before cooling back to settle +2.6 at 12.32.
Further pressure on Print Central
The following tweet appeared Sunday morning (10.04am EDT), and just adds further pressure on Print Central to loosen monetary policy...
QT is set to end this September, and a subsequent series of rate cuts can then be expected. The only real unknown is what level will the SPX will be trading at when the printers are spun back up. Crazy times.
|The monster of the skies|
|Summer warmth... soon|
|Twilight moon, with Full moon this 'Good Friday'|
Extra charts in AH (usually around 7pm EDT) @ https://twitter.com/permabear_uk
Goodnight from London
If you value my work, subscribe to my intraday service.
For details and the latest offers, see: permabeardoomster.com