Not a lot of joy around for the early openers: Kiwis +0.3%, Aussies flat, Japan -0.2% and Sth Korea -0.3%.
Gold +0.9% is doing a bounce after being severely downtrodden and Energy -2.4% is at the other end.
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World Stock Markets Trading Discussion - Dissonant doodling
8 replies to this topic
Posted 27 April 2017 - 03:59 AM
All Ords finished with a minimal gain, +0.1% and in the sectors, Healthcare and Financials shared top billing, +0.7% followed by Gold +0.5%. At the red end, Energy -1.7% and Utilities next, -0.7%.
On to UK/Europe:
Posted 27 April 2017 - 08:13 AM
didn't know if you had seen this chart
i'm sure i don't understand it fully but it seems interesting to me
it came from
Here's the caption underneath to explain the chart
Figure 2: U.S. Treasury Deposits on Federal Reserve Balance Sheet (2005-3/15/17)
specie = Money, especially in the form of coins made from precious metal, that has an intrinsic value
Posted 27 April 2017 - 06:18 PM
I called attention to that in early February soon after Trump started spending it, and warned that it would lead to a blowoff in stocks. Not only that, but I warned IN ADVANCE that this could happen. So we were not surprised when it became clear that's what he was doing. The money's gone now.
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