Wednesday, April 6, 2016

THURSDAY 4/7/16; Dollar/Yen Tags 107-Handle; KMX; CAG; RAD; Italy’s MIB Mini-Crashes -2.5%; Global Financials Collapse; ECB Minutes; Copper Dumps -4%; US 10-Year Yield Under 1.70%; SPX (S&P 500) Turns Negative for 2016; Natural Gas Rallies +6%; RT; Former Federal Reserve Chairmen Volcker, Greenspan and Bernanke and Fed Chair Yellen Speak

Euro 1.1392. Dollar/yen 10975. 

[Text is Redacted: Purchase April 2016-04 to Read the Complete Chronology]

Fed heads adjourn each then trying to outrace the other to the free buffet table. US futures are trading marginally lower. Fed’s George, speaking at a different event, says the commercial real estate market is a potential asset bubble. The mixed Fed messages continue. Are there asset bubbles in play or not? George calls the commodity slump a bubble that burst.

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