Market Update- China Threatens Military Action On U.S. Assets.
From Greg M
Lions and friends…
Stocks are under some pressure early on as China threatens military action against US assets over Pelosi’s visit to Taiwan. The dollar, (DXY), also jumped higher.
The 10yr yield has increased 8 basis points to 2.62% which means you can expect the Fed. to INCREASE buying debt.
The MMRI remains YELLOW, or “moderate risk.”
To view the MMRI in real time click HERE: https://traderschoice.net/about-traders-choice/
GM
I need a painkiller cocktail to just look at, or listen to, moneypoxxed Nancy!
I agree with those suggesting stocking supplies to be prudent and prepared for worst. I mentioned in another post I grew up in Kailua in Oahu. We were constantly threatened by hurricanes and earthquakes. People waited until the last reports to go get supplies.By then it’s too late. All the stuff you will need to make it through a short period is gone already. Generators, water, canned food, anything required to live. Be smart, build your kit now don’t wait. We are Blessed enough to get more than we need in the event we can help others. It will be pandemonium. I seen it play out several times. Sheep panic and stampede , no regard to others. Stay safe