Among the biggest threats a shutdown poses to markets is that economic data would dry up. So, the algos are having a very tough time deciding how the brinkmanship playing out in Washington will affect both the real economy as well as how the economy is perceived.

One thing for sure, the potential shutdown has eclipsed both tariffs and Jeffrey Epstein in the news, Maybe that’s the point.

continued for members…

The DXY breakout which started last week is backtesting. And, oil & gas are still tumbling.

So, the 10Y continues to slump.

continuing…