Remorseful China Tries Sending Over Another ‘We’re Sorry For Creating COVID’ Balloon
Tomorrow’s economic data…………..
Welcome to 4.0%. US 10-year at 4%. Haven’t seen this in a while. The 2-year is printing highest levels since 2007…
Don’t forget what the rate-sensitive play is……the Nasdaq. The Nazzy is double-testing the 200-day moving average again (yellow line). If that breaks, we could see a couple of hundred-point dip down to the 50-day moving average (red line) if rates continue higher We’ll see.
See you in the morning.
