The Active Trader beta post will follow.
Market Rundown:
Good Morning. The dollar is down 10 after a slight bounce last night. Bonds are up and the yield curve is uninverting a little. Gold is now up $3 after being down slightly all night. Silver is down 2 cents. Oil is up $1.52 Nat Gas is up 18 cents. Crypto is unchanged and Grains are all up 50-85 bps.
Now that the BOJ is in the market. Inflationary news narratives will turn towards the Omnibus $1.7TT spending bill being floated. Consumer confidence and existing home sales are 10a.m.
WEDNESDAY, DEC. 21
US 3Q Current Acct Deficit $217.11B; Seen Deficit $222.0B
10 am Consumer confidence index Dec. -- 100.2
10 am Existing home sales (SAAR) Nov. -- 4.43 million Today:
End of year, 2023 investment recommendations are out in full force now…
1- Goldman
2- Blackrock
3- Morgan
Zen moment:
The dollar looked so pretty until yesterday…
