anyone notice the lower volatility, more like 30-40.
This morning the Peter Schiff trade is on, Dollar Euro has broken the range to the upside 1.32.
futures look weak: -70 on the dow, -8 on the spx, -10 Naz.
fortunately he was on with Kudlow last night.
Interesting thing I just heard about gold, as a hedge against inflation and deflation(hedge against the financial instability of deflation)
Couple guys on squawk talking about our fight against being Japanese.
Thursday, December 11, 2008
Morning update
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