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Said, you know what? that is now approached a level i feel safer with the backing of uncle sam than stocks that dont have any backing at all. so unusual development in the middle of the day when traders shifted from stocks into bonds. the price of those bonds went up and the yield went down. so much to the point that a tenner year that was fetching almost 2.9% by days end was down to 2.79%. our dollars remained a very big draw across the world today. if in doubt, you park it there and usually th...

The s&p 500 companies, 8 out of 10, better than expected. revenues sales better than expected. earnings better than expected. but here what we told you about friday with the employment report. the wage growth ironically close to 3% that alarmed some of the financial community that maybe we have inflation to worry about. maybe that was going to be a problem. wouldnt you know, jerome powell took over as the federal reserve chairman. he watches that closely. the prevailing view being if things are ...