Jan

5

After seven up opens in a row, we get a down 1%. After five years when a big rise in dollar versus yen, i.e. the yen weaker, never occurred in conjunction with a big decline in S&P, we get an instance with the yen down 2% and S&P down 1% as of 9 am. Of 26 markets open on my screen, all 26 are down. A very appropriate second trading day of the year from a very appropriate mistress.


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