How Politics Shapes Free Markets in 3 Pictures

Morning Rundown Oct 19th, 2021

Good Morning.

The dollar is getting creamed so far this morning. It is off the lows overnight against most major currencies but is still negative. Bonds are nowhere. Quite a few Fed speakers will jawbone today. Stocks are firmer across the board. Commodities in general are higher as more money is pushing into them from the fast becoming chronic energy fa…