Splattered

What a mess! This town's in tatters
I've been shattered
My brain's been battered
Splattered all over manhattan
--Rolling Stones

US markets off today for MLK day but world markets were, um, active last nite. Euro markets down about 5% on ave w/ Asian markets down more. Japan's Nikkei (NIKK) has opened tonite down almost another finski (5%).

Commodity mkts have not been immune. Oil down a duece and gold down about $30.

Can u say deflation?

Should be an interesting day on The Street tomorrow.

position in gold