Here are today’s settles for the markets that Magnelibra covers. The Ultra Bond had its best day of the year rallying nearly 3 full points and the Yield curve took a dramatic flatter tone as the NOB, FYT and FOB all lost over 3 ticks respectively while the BOB was down -4.5. Nasdaq showed some strength vs the broader markets as the R2k lagged today giving back some of yesterdays large move. The US Dollar saw some gains as well with the metals up slightly.
We will continue to monitor things here pre inauguration and will post relevant news as it fits:
We saw a stat today that said 655 people have over $4 Trillion in wealth, or if we average it out that comes to a whopping $6.1 Billion each. 655 people, can you imagine the power and influence, we sure can and this is not something that the world should embrace, rather we should be wondering how we let disparity run this far?
We will continue to force you to think about our collective well being and despite being Austrian Capitalists at he…
