A bounce back in markets today but the treasury market could force the Fed’s hand very soon

January 28, 2020

Ed Moya kicks off today with a quick comment on the US equity markets and some other factors to watch throughout this week. The Coronoavirus is still causing a lot of volatility but with the Fed statement tomorrow we could have something a bit more long term to consider. Also we discuss the moves in treasuries after the 10 year dipped below 1.6%, but has recovered above that level today.

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    Jan 28, 2020 28:54 AM

    The upward movement today appeared to me to be money moving in from Europe, as much as anything else.
    With an up to 14 day incubation period, it is STUPID to assign any daily variation to the nCoV.

    Jan 28, 2020 28:58 AM
    Jan 28, 2020 28:41 AM

    The manufacturing and shipping indices were also up 5-6%.