Early Monday evening Dow futures are off more than 400 points (about 1.4%). S&P futures are off 1.6% , NASDAQ futures down 2.25%. Gold well above $1900 at the moment, it’s highest level in a year. Asia’s down big of course. Bonds gaining. U.S. 10 Year treasury now at 1.87% - just slightly ahead of the 5 year (1.77%).
Rate inversion coming?
Still too early to dip in equities?
Tuesday may be a day only Hussman could love.
Comments
Russia market futures down -17%, but not trading at this time 9pm EST.
I.G./Gov't bonds, of course; are positive in pricing, as well as commodities.
For Vlad, The Madman:
Madman Across The Water.......Elton John/Bernie Taupin.....partial lyrics
I can see very well
There's a boat on the reef with a broken back
And I can see it very well
There's a joke and I know it very well
It's one of those that I told you long ago
Take my word I'm a madman, don't you know
Once a fool had a good part in the play
If it's so would I still be here today
It's quite peculiar in a funny sort of way
They think it's very funny everything I say
Get a load of him, he's so insane
You better get your coat dear
It looks like rain, yeah
Some commodities like Brent crude oil ($97) are up. But some industrials like copper appear heading south.
Markets are a bit twitchy.
Better even than the original.
Futures started out deep in red Monday evening but started turning around 1:30 AM CT.
Markets appear to have recovered from the depths of late evening. Suspect there’s still another shoe to drop somewhere in the ongoing Ukrainian saga. Than, of course all the other issues of valuation and Federal Reserve intentions interwoven into all this. If you like to invest when there’s blood in the streets ….. maybe a trickle ….
To be honest, it’s the issues of valuation, sectors, economies and interest rates I try to get my head around. Geo-political stuff waxes and wanes. Pretty hard to invest on that kind of news …
Monday, late night: CNN news feed
Lithuanian Prime Minister: “Putin just put Kafka & Orwell to shame”
From CNN's Akanksha Sharma in Hong Kong
Lithuanian Prime Minister Ingrida Šimonytė said on Monday that Russian President Vladimir Putin’s move to recognize two separatist pro-Moscow regions in Ukraine puts “Kafka & Orwell to shame”.
In a tweet on her official account, Šimonytė wrote, “Putin just put Kafka & Orwell to shame: no limits to dictator's imagination, no lows too low, no lies too blatant, no red lines too red to cross.”
She added, “What we witnessed tonight might seem surreal for democratic world. But the way we respond will define us for the generations to come.”
Echoing the sentiment, Lithuanian Foreign Minister Gabrielius Landsbergis said in a tweetMonday that Russia’s recognition of Donetsk and Luhansk “proves a total contempt for international law & UN charters.”
He added that Russia “must be recognised for what it is: a state outside international rules & civilised norms," and he called for other nations to respond with sanctions.
NOTE: Franz Kafka bio
Remain curious,
Catch
Yes, but what are you going to do about it? Huh? It would appear that frankly Putin doesn't give a rat's ass about your's or anyone else's sanctions. Russia (Putin) and China (Xi Jinping) just take peoples lives or whatever pieces of territory or businesses or funds that they want, whenever they want and life just goes on. Seriously, where and how does it end?