Saturday, February 29, 2020

Infected Markets

You better make your face up
In your favorite disguise
With your button down lips
And your roller blind eyes
--Pink Floyd

Wild week on Wall Street was one for the record books as markets became infected with coronavirus fear. One of the largest single week declines in history:


Ten year T-note yield closed at all time lows as investors seek refuge from contagion:


With the virus and associated headlines unlikely to subside any time soon, next week's action should be interesting to say the least.

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