Lions…
Its 7:15PM Eastern. Stock futures are down.
However, I am surprised that they are not even lower. Obviously this can change as we move closer to the open.
Keep your eyes on the 10 year yield, or better yet, the MMRI.
The question is, will central banks/the Fed buy debt overnight to stop the bleeding prior to the market open?
WILL WE SEE A SUB 300 MMRI? OR A SPIKE?
Any predictions?
GM
This is like watching a car crash in slow motion
MMRI is up, they better act fast