"I see dead people. Walking around like regular people. They don't see each other. They only see what they want to see. They don't know that they're dead." Cole Sear: The Sixth Sense"And they [historians] will ask the question, Why did we, scholars and writers in America, in this time, we who had been warned of our danger not only by explicit threats but by explicit action, why did we not fight this danger while the weapons we used best - the weapons of ideas and words - could still be used against it?" Archibald Macleish, The Irresponsibles, 1940
Stocks were making another attempt to rally today, and were making some headway.
But the DC Drama Queen decided to unilaterally decided to cancel the Covid19 relief/stimulus discussions. And his sidekick Mitch decided to put the Senate into recess. Until he needs to vote on the Supreme Court nominee of course.
This was after Jay Powell's warning that a failure to address this on the fiscal side would place the economy in a 'tragic scenario.'
Gold and silver slumped along with stocks, the Dollar rose, and the VIX ran up again to overhead resistance.
And tomorrow is another day.
Have a please evening.
