Psychologically Dark
May 25, 2022 Good morning, European stocks and U.S. Futures were quiet and largely unchanged overnight and into this morning, right up until China’s Premier Li said his country’s economic difficulties are worse now than in 2020. Global markets dropped about half a percent, and are sitting there now awaiting the opening of our cash […]
More Volatile Days Likely Ahead
May 23, 2022 Good morning, Last Friday was a monthly expiration day for the derivative world, and its common practice to discount the implications a volatile expiration day might portend. That said, equities are starting the week in a positive mood this morning, perhaps to some extent as a follow-through to Friday’s impressive late session […]