August 9, 2020

AFTERNOON CAPSULE: TODAY SHOWS AN ADVANCE GLIMPSE OF THINGS TO COME IF MASSIVE BORROWING STOPS $DJIA $SPX $NDX $QQQ $GLD $SLV $USO $SPY

AFTERNOON CAPSULE: TODAY SHOWS AN ADVANCE GLIMPSE OF THINGS TO COME IF MASSIVE BORROWING STOPS $DJIA $SPX $NDX $QQQ $GLD $SLV $USO $SPY

This post was published yesterday in The Arora Report  paid feeds as Afternoon Capsule.

To gain an edge, this is what you need to know now.

Advance Glimpse

Today is giving prudent investors an advance glimpse of things to come if massive borrowing stops.

Talks between Pelosi and Mnuchin broke down when  Mnuchin rejected Pelosi’s offer to split the difference on stimulus.  Mind you this is temporary and both sides want to borrow a tremendous amount of money. The only thing that happened is that Mnuchin, at least for the time being, wants to borrow less money.  To understand what happened as a result, take a look under the cover and not on the indexes such as DJIA.

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