"If The Fool persists in his Folly he will become wise." - William Blake
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Run over by a truck
Weezer’s little known 2009 track ”Run over by a truck”, tells the story from the overnight session. Strong earnings reports by trucking companies have helped US equities end the day in a positive note shifting focus away from geopolitics and back to fundamentals. The USD is weaker on the back of President Trump’s tweet accusing China and Russia of playing “currency devaluation game” and Richard Clarida gets Trump’s nod for Fed Vice chair. After a mixed Asia session and a negative European close, US equities have ended in positive territory with the market shifting focus away from geopolitics and back on ... (full story)