Market Goes ‘Full Bitcoin’

Jon Alternative Media, Blogosphere, Crypto Currency, Economy, Fiscal Policies, Market Commentary

Authored by Lance Roberts via RealInvestmentAdvice.com,
Market Review
What the ‘heck’ was that?
This past week seemed to be the story of Christmas coming early. Earlier this week the markets surged higher on hopes that ‘Ole’ St. Tax Cuts’ would soon be here. But that dream seemed to be short-lived on Friday, at least at the open, as General Mike Flynn seems to embody the ‘Grinch’ trying to steal Christmas.
But at the end of it all, not much actually changed. Well, except for the fact that volatility not only made an appearance as stock prices swung wildly in both directions, but also in Treasury rates. As expectations of tax reform grew, rates spiked higher but then sank just as quickly as fears of turmoil in the Administration sent money into the safety of bonds.

This post was published at Zero Hedge on Dec 3, 2017.