WTF Is Going On… The markets are a little wild today and there is no specific item driving it from what we can see. Here are a few that we are hearing 16th day of the shutdown and no signs of a break (chatter that it may last til Thanksgiving) Geopolitical risk rising: Lengthy Putin call, China-US trade tensions escalating, India ignoring Trump demand to stop buying Russian oil Regional bank angst – Zions and Western Alliance down big on loan losses. US funding market stress – surging SOFR rates signaling a liquidity shortage WTF is going on… Stocks are tanking… Bonds are… — Continue at ZeroHedge News : Read More
