What Lies Beneath?

Calm surface after another Covid selloff

Morning Markets

Good Morning.

The DX is down 18. Bonds are weaker with short end rates spiking a little more than longer term bonds. But its noise. Stocks were stronger but are now mixed. The Dow remains up the most. Gold was down $5 but seems to have bounced a little. Note it is not behaving as it normally does with regard to the Dollar. It is taking…