The MMRI Drops Significantly Since Yesterdays Open... Stocks Higher.
From Greg M
Lions and friends…
Looks like the cavalry has indeed arrived.
Yesterday we watched the MMRI top out at 260 at the market open, which subsequently dropped throughout the day and stocks put on gains.
The drop in the MMRI is continuing today, and stocks are putting on even more gains as I am writing this.
The US 10yr yield is now under 4%, and the DXY is also lower.
GM
I wish the bubble were filled with puffs of loveliness 💗 but we got this- to the best of our ability get our families ready!
Not surprised