Tuesday, November 6, 2012

US Dow Futures Down 111 Points, S&P Down 14, Nasdaq Down 21, Gold Up, 10-Year Note Up, JP Yen Up, Risk Off


Screenshot from Bloomberg:


Gold is holding. From Kitco:


US Treasury 10 year note (price), from Ino:


US dollar index, from Ino:


And where is money going from US dollar? Japanese yen:


It looks like "risk off". Pricing in 4 more years in the doldrums under the incumbent, it seems. The only thing for sure is the Fed chairman's money printing.

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