Sure I’m on an extended vacation but that won’t stop the Fryguy from interjecting a few thoughts and those charts with the little blue lines people have come to love.
First what’s going on Friday in U.S. markets is higher prices on abysmal volume.
There’s not much new in that department. What is new is just about everyone is in the central bank world as China joined by dding stimulus by lowering interest rates with QE the next likely step.
Stocks in China’s main indexes in Shanghai soared with the CSI 300 up over 3.5%. This ripples through Emerging Markets with India being the exception. Russia too joined-in by adding nearly billions to thwart further declines in the