Lots of action this morning as the Comex metals reverse to new highs for the week as I type...once again reminding us that it's not how you begin the week that matters.
There's a lot going on so it's difficult to pin today's rally on any one influence. Is it:
- concern regarding the virus?
- the flash PMIs for January?
- the 10-year note yield falling below 1.70%?
Most likely, all of the above.
- Multiple new cases around the globe, including the US:...