Yesterday…not so good…but not the end of the world. It is somewhat normal to get choppy in this environment as earnings moving the jello on the plate. CAT and NVDA not so good. After futures were weak overnight, we get a little of this:
“ECB open to resuming quantitative easing if needed!” That line comes from ECB Central Bank easy money nut job Mario Draghi. It’s not enough interest rates are a -.4%. It’s not enough they have already printed trillions. As we have told you, this experiment is never going to end until adults start running the show or the market sticks a certain finger back at them.
Futures up a wee bit now. MMM up $5 helping. Of course, the White House is yapping how the trade talks will go swimmingly even though we just charged Huawei with a bunch of stuff.